Ashmore Global Opportunities delivered a positive net asset value performance of 6.4 per cent for the year ended 31 December 2009.
Realisations within the special situations portfolio provided USD32.6m for reinvestment.
The return of capital to shareholders totalled of USD17.7m (3.2 per cent) comprising a special dividend of USD10m and a commitment to buy back shares up to USD7.7m.
Jonathan Agnew, chairman of Ashmore Global Opportunities, says: "I am pleased to be able to report that the company has delivered positive NAV performance following a period of substantial turmoil in global markets and is making its first return of capital to shareholders. The investment opportunity set available in special situations remains promising while activity levels within the portfolio are increasing. The company’s special situations portfolio has been well positioned to deliver strong investment returns as markets stabilise. I have confidence that Ashmore, with its long term investment track record, is well placed to deliver upon the company’s investment objectives."