Ashmore Group Plc reported net inflows for the three months through June as the emerging-markets-focused asset manager’s funds performed well with markets roiled by the uncertainty sparked by the war in Iran.

Ashmore Group is launching a Mexican equities fund as it looks to capitalize on investments by the country’s rapidly growing pension fund system.

Countries such as UK that are running deficits and relying on financial markets to fund them are “definitely” at risk of another Liz Truss moment, said Mark Coombs, chief executive officer at asset manager Ashmore Group.

Countries such as UK that are running deficits and relying on financial markets to fund them are “definitely” at risk of another Liz Truss moment, said Mark Coombs, chief executive officer at asset manager Ashmore Group.