16th Oct 2019 17:53
(Alliance News) - Ashmore Group PLC said on Wednesday Fay Shippey, a person closely associated with Finance Director Tom Shippey, sold shares in the company earlier in the week.
On Monday, she sold 77,215 shares at a price of 478.58 pence each, totalling GBP369,536.
Shares in Ashmore closed down 0.9% at 493.59 pence in London on Wednesday.
Ashmore on Monday reported broadly flat assets under management in the first quarter of its financial year as net inflows were offset by a negative investment performance.
The investment manager's assets stood at USD91.9 billion for the quarter to September 30, up 0.1% from USD91.8 billion as at June 30.
By Lucy Heming; [email protected]
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