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Ashmore outflows more than halve to $1bn

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Outflows at Ashmore narrowed by 57% in the first quarter as emerging market sentiment improved.  The emerging markets-focused fund firm recorded a $1.1bn (£0.9bn) net outflow in the first three months of the year versus a $2.6bn outflow in the final quarter of 2022, which contributed to a $7.6bn outflow…

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