Ashmore Chooses Calastone For Funds Order Routing

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Ashmore Investment Management has decided to use the order-routing service of Calastone—the provider of an independent cross-border transaction network—for its range of funds domiciled in Luxembourg.

Calastone's network enables funds around the world to exchange order messages regardless of their size and format. In June, Cullen Funds, an Irish UCITS company, also decided to use Calastone's order-routing service.

According to Peter Hermans, Calastone's London-based director of European business d

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