Emerging markets

Terry Smith, manager of the Fundsmith Emerging Equities trust, has said he expects global growth to accelerate following the fall in the price of crude oil.

First State Stewart, the GEM, Asia Pacific and global equity arm of First State Investments, is to split in two and rebrand in a bid to cope with "the burden of scale", Investment Week can reveal.

Artemis is to soft launch its first fund focusing on emerging market equities next month as it extends its SmartGARP range.

Hermes is to soft close Jonathan Pines' $1.5bn Asia ex-Japan equity fund in May as inflows into the product accelerate, Investment Week can reveal.

Ross Teverson, Jupiter's global emerging markets (GEM) head of strategy, has introduced formal sector analysis responsibilities across the team for the first time and scaled back the number of holdings in his new portfolios.

Xavier Hovasse, manager of Carmignac's Emerging Discovery fund, takes a closer look at opportunities for investors in China and India.

Carmignac Gestion's head of emerging equities Simon Pickard has left the business to pursue "personal projects".

Ashmore Group saw assets under management decline by 15% during the last six months of 2014, as negative investment performance and investors' adversity to emerging markets weighed on the company.

Incredible swings in stock prices since the oil price dropped means volatility should now be investors' main concern, says Mark Mobius from Franklin Templeton.

The pro-business reforms implemented by India's prime minister Narendra Modi are making state-owned companies look attractive for investors, according to Somerset Capital's Dhawal Mehta.