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Ashmore Global Opportunities Sees Negative Total Return In Quarter

17th Nov 2015 18:04

LONDON (Alliance News) - Ashmore Global Opportunities Ltd said Tuesday that it saw a negative total return on net asset value of 4.1% in the quarter to end-September for its sterling share class, and 4.04% for its dollar share class.

The closed ended investment company said it was a "challenging period for all markets", particularly emerging markets. It said the principle drivers of its performance were Largo Resources, Far East Energy and Bedfordbury. The negative performance was partly offset by a positive contribution from Microvast, it said.

Shares in the trust last closed at EUR6.00.

By Hana Stewart-Smith; [email protected]; @HanaSSAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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