Asia

Pictet Asset Management has upgraded its European exposure to a full overweight, following the resolution of a Greek bailout deal and positive expectations for future earnings.

Rahul Gupta, portfolio manager, Matthews Asia

The board of the Fidelity Japanese Values trust has appointed Nicholas Price, who currently runs a number of the group's Japanese funds, as its new manager.

Prusik's Heather Manners is backing Vietnam as an Asian hotspot, as the country gears up to sign trade agreements, apply for MSCI membership and increase foreign ownership limits.

China's Shanghai Composite has suffered its worst day since early 2007 as the country's stock market sell-off returned with a vengeance on Monday morning.

How managers are exploiting 'mismatch between perception and reality'

The headwinds and tailwinds for China

First State is to launch three new Asian equity funds, following the split of the First State Stewart team earlier this year.

Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.