Ashmore stock gained 2.40 percent on October 7

Published on 10/08/2026 at 09:07 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Ashmore stock carries a GBP 126.9 million fiscal 2026 profit before tax after a 17 percent increase. Assets under management reached USD 54.0 billion, while Deutsche Bank kept a Sell rating on October 2.

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Ashmore Group (ISIN GB00B132NW22) stock rose 2.40 percent on October 7, 2026, on the London Stock Exchange. The move left the shares 19.79 percent below the 52-week high of GBp 276.54, giving investors a clear measure of the distance still separating the price from its yearly peak.

Profit rose on seed gains

In fiscal 2026, profit before tax increased 17 percent to GBP 126.9 million, helped by GBP 82.5 million of seed-capital gains, according to Quartr in its September 18, 2026 earnings summary.

The earnings mix was less uniform than the headline profit figure suggests. Adjusted revenue fell 7 percent year over year to GBP 135.6 million, while diluted earnings per share increased 28 percent to 15.0 pence, according to Quartr.

Flows improved across strategies

Assets under management rose 13 percent to USD 54.0 billion in fiscal 2026, supported by USD 2.7 billion of net inflows and positive investment performance, according to Quartr. The equity business grew 33 percent and represented 19 percent of group assets, while alternatives reached USD 2.0 billion.

That operating improvement is competing with fee pressure. Ashmore reported an operating margin of 26 percent, although its underlying margin excluding seed capital rose to 40 percent; fiscal 2027 performance fees are expected to reach no more than GBP 5 million, according to Quartr.

Analyst target trails the share price

Deutsche Bank analyst David McCann maintained a Sell rating on October 2, 2026, and set a GBp 155 price target, according to Markets Insider. The target sits below the October 7 market price, highlighting the gap between improving flows and concerns over fee income and performance-fee growth.

Stock stays below yearly high

Ashmore stock was last at GBp 221.80 on the LSE on October 7, 2026, at 4:35 p.m. London time. The session volume was 1,196,869 shares, and the 52-week range stood at GBp 151.00 to GBp 276.54.