Ashmore Investment Management, an emerging markets specialist headquartered in London, has introduced the Emerging Markets Small Cap Equity Fund.

The new fund complements Ashmore’s six existing fixed income and equity emerging markets funds, which are being made available to U.S. distributors through new A and C Share classes. To boost these sales efforts, Ashmore recently hired Ted Smith as head of U.S. intermediary distribution, reporting to Global Head of Distribution Christoph Hofman.

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