Ashmore: assets and pretax profit rise, with seed investments driving earnings
Ashmore published its results for the year ended June on 7 September 2026.
| Measure | FY2026 |
|---|---|
| Assets under management | $54.0bn, up 13% |
| Net inflows | $2.7bn |
| Adjusted net revenue | £135.6m, down 7% |
| Pretax profit | £126.9m, up 17% |
| Diluted EPS | 15.0p, up 28% |
| Total ordinary dividend | 16.9p, unchanged |
What drove the result
Investment performance added $3.7bn to managed assets. Gross subscriptions increased 92% to $12.5bn, while redemptions declined 20% to $9.8bn.
The key earnings distinction is the £82.5m seed-capital gain. Pretax profit rose despite lower adjusted net revenue, which was affected by reduced performance fees. Excluding seed capital, adjusted EBITDA margin improved to 40% from 37%.
What to follow
The final dividend is 12.1p; financial resources exceed £600m. The AuM figure was previously announced in July.
The next test is whether renewed inflows translate into sustained fee growth. Seed-investment gains support this year's earnings but should be assessed separately from recurring management-fee income.
Sign in or create an account to comment.
0 comments
Be the first to share your perspective.