first_img whatsapp Read This Next’A Quiet Place Part II’ Sets Pandemic Record in Debut WeekendFamily ProofHiking Gadgets: Amazon Deals Perfect For Your Next AdventureFamily ProofBack on the Rails for Summer New York to New Orleans, Savannah and MiamiFamily ProofIndian Spiced Vegetable Nuggets: Recipes Worth CookingFamily ProofAmazon roars for MGM’s lion, paying $8.45 billion for studio behind JamesFamily ProofYoga for Beginners: 3 Different Types of Yoga You Should TryFamily ProofNew England Patriots’ Cam Newton says no extra motivation from Mac Jones’SportsnautChicken Bao: Delicious Recipes Worth CookingFamily ProofCheese Crostini: Delicious Recipes Worth CookingFamily Proof KCS-content by Taboolaby TaboolaSponsored LinksSponsored LinksPromoted LinksPromoted LinksYou May LikeMoneyPailShe Was A Star, Now She Works In ScottsdaleMoneyPailNight DailyHe Was The Smartest Man Who Ever Lived – But He Led A Miserable LifeNight DailyThe Sports DropForgotten College Basketball Stars: Where Are They Now?The Sports DropJournalPregnant Woman Takes a Nap – You Won’t Believe What She Discovered When She WokeJournalBetterBe20 Stunning Female AthletesBetterBeMagellan TimesThis Is Why The Roy Rogers Museum Has Been Closed For GoodMagellan TimesTaco RelishOnly People With An IQ Of 130 Can Name These ItemsTaco RelishUpbeat NewsThese 25 Celebrities Ruined Their Career in a Matter of MinutesUpbeat NewsMoney VersedWoman Shares The 5 Words She Said That Left Her Boyfriend In AweMoney Versed EMERGING markets specialist Ashmore Investment Management has won US regulatory approval to market five funds in the United States, aiding efforts to broaden its global client base.The five funds will invest in local currencies, as well as sovereign and corporate emerging market debt, the investment manager said yesterday.“There is growing demand among US investors for emerging markets exposure with a clear trend towards the need for daily liquidity and transparency,” Christoph Hofmann, Ashmore’s global head of distribution, said in a statement.Ashmore’s funds are registered with the US Securities and Exchange Commission (SEC) and will initially be available through an institutional share class.Next year, Ashmore plans to offer additional retail share classes, subject to further regulatory approvals, extending access to retail investors and high-net-worth individuals through private banks and broker-dealers.The company wants to broaden its client base and to grow the high-net-worth and retail business in particular. Ashmore chief executive Mark Coombs said. “Our entry in to the broader US investment market furthers this goal,” he said.The five funds to be offered in the US are the emerging markets corporate debt fund, the emerging markets local currency fund, the emerging markets local currency bond fund, the emerging markets sovereign debt fund and the emerging markets total return fund. whatsappcenter_img Share Thursday 16 December 2010 7:47 pm Show Comments ▼ Ashmore in transatlantic funds push Tags: NULLlast_img

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