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- Date Announced
- Seller AUM
- Emerging Markets Management, L.L.C.
- Ashmore Group plc
- Institutional Advisor
- February 24, 2011
- $10.4 Billion
EMM is one of the world's pioneering investment firms specialising in the management of emerging markets equities, with approximately US$10.4 billion of AuM as at 31 January 2011. Its long investment track record is based on a fundamental and value-oriented investment process with a macro overlay. EMM is headquartered in Arlington, Virginia (close to Washington D.C.) and has 71 employees, including 31 investment personnel. EMM manages a wide range of separate accounts and commingled funds for a group of global institutional investors.
Ashmore Group plc and its subsidiaries comprise one of the world's leading emerging market investment managers. Based in London, the business was founded in 1992 as part of the Australia and New Zealand Banking Group. In 1999, Ashmore became independent and today manages US$46.7 billion (at 31 December 2010) in pooled funds, segregated accounts and structured products. In 2006 the ordinary shares of Ashmore Group plc were listed on the London Stock Exchange.
Ashmore Group plc, a leading specialist emerging markets investment manager, announces that it has entered into a conditional agreement to acquire a 62.9 per cent stake in Emerging Markets Management, L.L.C.
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