Negative investment performance wiped out $4bn
Any decision on rates by the Federal Reserve this year could damage markets as the central bank's efforts have so far only resulted in lacklustre growth and 'bubble' asset prices, according to Jan Dehn, head of research at Ashmore.
How managers are exploiting 'mismatch between perception and reality'
Ashmore has seen further outflows during the first quarter of the year, as investors continued to take money out of emerging market products.
Ashmore Group saw assets under management decline by 15% during the last six months of 2014, as negative investment performance and investors' adversity to emerging markets weighed on the company.
What has been the best or worst investment theme of the past 20 years?
Where are the best Asian opps?
Assets under management at emerging market specialist Ashmore fell nearly 11% during the last quarter of 2014 as a fresh market sell-off weighed on its funds.