Fund management: Ashmore launches high-yield EM fund

Jerome Booth, head of research at Ashmore Investment Management, has called on his competitors to follow his firm in launching a specialist emerging market corporate high-yield fund.

Jerome Booth, Ashmore

“It would help add liquidity, provide a stable investor base and help the perception of the asset class”
Jerome Booth, Ashmore

“This is a separate asset class and so we welcome other funds doing something similar,” he says. “It would help add liquidity, provide a stable investor base and help the perception of the asset class.”

Booth’s comments come on the back of the launch of Ashmore’s fund last month, which the asset manager claims is the first such vehicle of its type.

Access intelligence that drives action

To unlock this research, enter your email to log in or enquire about access