Asia

Anthony Bolton's Fidelity China Special Situations trust could be set to issue more shares after the company's price widened to a 13% premium over NAV.

Alliance Trust has placed new managers on its Asia Pacific Equity and Japan Equity funds in a bid to boost performance.

Marlborough has reorganised the management of its £68m Far East Growth fund in a bid to improve performance.

FUND MANAGER FOCUS

The value of AIA has soared above the $35.5bn failed Prudential offer on its trading debut, with shares in the Asian insurer climbing as much as 17% today.

JAPAN

The Singapore stock exchange is planning a £5.3bn takeover of its Australian counterpart in a deal which would create the world's fifth largest listed bourse.

Asian insurer AIA raised $17.8bn in its long-awaited IPO this morning, valuing the group at $30.5bn.

Jupiter financials specialists Guy de Blonay and Philip Gibbs have placed an order for shares in the giant AIA share offering.

ON ASIA