ASHMORE WEALTH MANAGEMENT LLC

ASHMORE WEALTH MANAGEMENT LLC

ASHMORE WEALTH MANAGEMENT LLC
Last update 2019-11-13 28 Stocks (2 new)
Value $1.58 Bil Turnover 4 %
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ASHMORE WEALTH MANAGEMENT LLC Profile

Ashmore Wealth Management LLC is an investment management firm operating as a hedge fund sponsor. The company was established in Wilmington, Delaware and continues to operate from that location. Ashmore Wealth Management LLC is not to be confused with Ashmore Investment Management Limited or Ashmore Investment Advisors Limited which are U.K. companies operating under the Ashmore Group of companies. Ashmore Wealth Management LLC invests in various public equity markets on a global scale. The firm invests most heavily in the information technology sector, which alone makes up approximately three quarters of its client base, and also invests in the industrials, transports, and real estate sectors, in order of decreasing sector allocations. Ashmore Wealth Management LLC’s top 10 holdings make up over two thirds of its total holdings and the firm has a turnover rate of 8.7%, relatively low compared to the high concentration of its allocated assets. The company’s top holdings include Apple Inc., Intel Corporations, Microsofit Corp., Cognizant Technology Solutions Corp., Danaher Corp., Xilinx Corp., Google Inc., Fastenal Co., and Expeditors International of Washington Inc. Ashmore Wealth Management LLC’s top holding in Apple Inc. alone makes up almost a sixth of its total holdings and none of its other holdings exceed 6% of its total other than Intel Corp. and Microsoft Corp., which respectively make up 8.8% and 8.4% of its total holdings. Ashmore Wealth Management LLC has a bearish sentiment and the fund is currently managed by Nathan Brown. The company has a current market value of $4.6 billion, which has stayed approximately in the most recent sectors. Although Ashmore Wealth Management LLC’s total market value has increased in recent years, its overall market value over time has had somewhat of a volatile trend, once increasing to as high as $5.2 billion. In the most recent quarter the company decreased its holdings in Xilinc Inc.

ASHMORE WEALTH MANAGEMENT LLC Investing Philosophy

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