UK's Ashmore tops inflow estimates on resilient emerging market asset demand

Key Takeaways

• Ashmore outperformed net inflow expectations on July 14, driven by investor appetite for emerging market assets despite geopolitical uncertainty linked to the Iran conflict.
• Emerging markets continue to benefit from favorable fundamentals: high real yields, expectations of monetary easing in EM countries, and a weakening US dollar support robust inflows (as per Ashmore’s H1 2026 and interim reports).
• Broader EM capital flows have been picking up: In 2025, emerging markets attracted about US$67.3 billion in combined debt and equity inflows—the 'end of the beginning' of a rotation into EM, per Ashmore, signaling sustained investor reallocation.