Building Arks (@buildingarks): "I roughly doubled my position in Ashmore $ASHM.L today, reinvesting gains from my Cheniere $LNG sale yesterday. Since the Iran war started one stock has gone up a lot, the other went down a bit, and I am not sure intrinsic value has changed much for either. Not investment advice."

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I roughly doubled my position in Ashmore $ASHM.L today, reinvesting gains from my Cheniere $LNG sale yesterday. Since the Iran war started one stock has gone up a lot, the other went down a bit, and I am not sure intrinsic value has changed much for either. Not investment advice.

Building Arks

Mar 5

I’ve just increased Ashmore $ASHM.L from a tracker to a 1% position. This emerging markets asset manager would be a huge beneficiary of a shift in capital flows from the US to EM. There has been a long downcycle in EM capital flows and while I can’t time the bottom, there is good value in EM and early signs the downcycle is ending. Adjus…

Mar 20

4:30 PM

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