UK 02:23 Wednesday, 23 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
As many readers will know, I spend a good chunk of my time looking at the bigger, wider macro world to help me come to conclusions about individual stocks. I know the 'bottom-up' purists will hate this but nothing exists in a vacuum and whilst the macro world is notoriously hard to predict, this does not mean you should not look for some insights. I do not believe - as some academics would have it - that eighty or ninety percent of your returns are determined by your asset allocation choices, but it certainly plays a significant contributory factor. There is a reason for the ramble – and it is Ashmore (ASHM), which produced a trading update today covering the first calendar year quarter...
You probably read in the last day or so that the emerging markets have formally entered bear market territory, down 20% from the highs of late January. The reasons for this are inevitably multifarious but simplify down to the hassles of higher interest rates (led by the US) and a firmer dollar plus, of course, trade war fears. All of these have helped expose cracks in emerging market domestic policy - such as the unsustainable economic policies of Argentina and Turkey.
Hello Share Munchers. I’m quite a fan of investment in emerging markets. My main reason is that they have room to grow as poverty-prone populations become, well, a bit less poverty-prone. I suppose I’m mainly thinking about India and China. Together with many African countries which are not doing at all badly, despite common perceptions to the contrary.
Ashmore’s (ASHM) final results were announced this morning. They look pretty good to me, so I'm staying bullish!
One of the dirty little secrets in the investment world is that fund management companies – and the very occasional spread betting company – can turn out to be fabulous investments. Investors can often do a lot better by buying shares in these companies than by using their products. In that spirit, let’s have a brief look at Ashmore (ASHM), which is set to release full-year earnings on Tuesday.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest single net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest single net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.
From the FCA's spreadsheet of short positions required to be disclosed to it, the following details the 20 highest single net short positions and the changes (red if short increased, green if reduced) since a previous analysis HERE.
