Thomson ReutersFebruary 21, 2013 07:00
* H1 pretax profit down 7 percent to 120 mln pounds
* Shares down 1.2 percent
By Laurence Fletcher
LONDON, Feb 21 (Reuters) - Emerging markets fund manager Ashmore Group posted a 7 percent fall in first-half profit, driven by lower returns from funds and a shift by clients towards portfolios that do not charge performance fees.