Latest Views & News

Ashmore – it is always about big AND small picture

By Chris Bailey | Tuesday 16 April 2019


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


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...

Premium content is for paid subscribers only
ShareProphets is reader-supported journalism

Become a member starting at £5.99 per month for all articles, the Bearcast, and our seven year archive.


Filed under:



Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Market News

Complete Coverage

Recent Comments

That Was the Week that Was

|