Emerging markets

Aberdeen's head of global emerging market equities Devan Kaloo has admitted the significant underweight to Chinese equities - as well as an overweight to India - has hurt his flagship GEM fund so far in 2015.

Mark Mobius has stepped back from his role as lead manager of the Templeton Emerging Markets investment trust after 26 years, to be replaced by Carlos Hardenberg.

The FTSE 100 has moved higher despite Chinese stocks plunging another 6% today amid "panic sentiment" and many companies deciding to suspend their shares.

F&C is handing over the management of its Global Emerging Markets fund to sister company LGM Investments, following the integration of their emerging markets teams last year.

AXA IM has launched a quant-based global emerging markets strategy focusing on smaller companies.

Prudential chair Paul Manduca has joined the board of the Templeton Emerging Markets trust as its chairman steps down after more than a decade with the company.

Edmund Harriss, manager of the Guinness Asian Equity Income fund, says Asian countries have proved resilient to recent financial and commodity crises by becoming integrated manufacturing hubs that are not dependent on commodities

Despite the soaring performance of China's domestic stock markets over the last year, Asia remains the medium-term laggard. Paul Hilsley, manager of the L&G Asian Income trust, explores if forthcoming rate cuts and reforms on investment spending will...

Low liquidity, US monetary policy risk and steep valuations in India are the reasons why over 20% of the Fundsmith Emerging Equities trust remains uninvested almost a year after launch, according to manager Terry Smith.

AXA Investment Managers has handed its onshore emerging markets fund, previously managed by head of emerging markets Julian Thompson, to Ian Smith and Paul Birchenough in a team reshuffle.