Asia

GOSLING'S GROUSE

JAPAN

ASEAN

ON JAPAN

Anthony Bolton has told investors he has no regrets about taking on the Fidelity China Special Situations trust, despite a "disappointing" run of performance.

Fidelity's Anthony Bolton is set to retire next year, bringing to an end his 30-year career in fund management.

Markets surged overnight on news Japan revised its annualised growth rate to 4.1% - up from an estimated 3.5%.

Nikko Asset Management is separating out its chairman and CEO roles, and has appointed ex-Nomura executive Takumi Shibata as director and chairman ahead of a planned IPO.

Martin Currie has hired Damian Taylor as investment manager in its Edinburgh-based Asian equities team.

Andrew Graham, manager of the Martin Currie Pacific trust, argues the trend for earnings downgrades must reverse before stock markets can go higher.