Ashmore to make hay as ‘Trump trade’ fades

Asset manager riding high as emerging markets return to favour
Thursday 20 Apr 2017 Author: David Stevenson
Join in with emerging market specialist asset manager Ashmore’s ( ASHM ) momentum as it could enjoy a further boost if Trump’s economic plans are foiled. If the US President doesn’t get his ‘border adjustment tax’ through Congress, it could have far reaching implications for emerging market assets, particularly debt. This is the area where Ashmore specialises. If the proposed tax doesn’t get passed, then it would leave less...

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