Emerging markets

Fund managers snap up Europe as Greek worries recede

North Asian economies appear most exposed

How important is the macro thesis on EMs?

Currency fluctuations a key concern

Crispin Odey is among hedge fund managers shorting Aberdeen Asset Management's stock on fears the latest £9.9bn outflows reported by the company spell further trouble ahead.

Fund managers are concerned the Chinese central bank's shock move to devalue its currency could lead to the renminbi depreciating further, sparking heightened capital flight from the region and the rest of Asia.

Will Landers, manager of BlackRock's Latin American investment trust, said he has adopted a defensive but more flexible investment approach as the region continues to struggle.

Jupiter is seeking to expand its stable of income-generating products in the second half of this year via the launch of an Enhanced Distribution portfolio and a fund for new hire Jason Pidcock.

With Greece's theatrics dominating the world stage, investors may have missed some compelling stories unfolding in the wings. Bill McQuaker, Henderson co-head of Multi-Asset, outlines three of his favourites.

FE's Joshua Ausden scours the marketplace for the best hidden gem funds for your portfolios.