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Ashmore Global Opportunities Reports Challenging Quarter

20th Oct 2014 08:40

LONDON (Alliance News) - Ashmore Global Opportunities Ltd Monday said the third quarter was challenging, with both of its share classes showing a negative performance due to mark to market price valuations of publicly traded investments and a material mark down in some of the non-quoted investments.

In an update for the period between July 1 and September 30, the closed ended investment company, whose shareholders last year voted for a policy of asset realisation and the delivery of regular, quarterly cash returns, published the following table showing returns over a number of time periods:

NAV Performance SummaryShare                   3 Month    Year to date         1 Year      3 Years    InceptionClassGBP                  -9.00%     -14.47%      -25.39%     -15.25%    -8.53%USD                  -8.59%     -14.33%      -25.49%     -15.43%    -8.36%


Returns are NAV to NAV, net of fees and include reinvestment of dividends paid.

The company's shares were Monday untraded at GBP4.2775 pence and USD4.275.

By Samuel Agini; [email protected]; @samuelagini

Copyright 2014 Alliance News Limited. All Rights Reserved.


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