Emerging market equity funds saw some $6.3bn in outflows during the final week of January, with the GEM sub-sector particularly badly hit as concerns over developing markets intensified.
BlackRock has launched a multi-asset emerging markets fund for Jeff Shen, head of its emerging markets team.
Baillie Gifford is to remove a 2% initial charge from its Emerging Markets Growth fund next week as it seeks to encourage new investment once more.
Aberdeen Asset Management this morning reported it had seen AUM drop 3% as outflows continued from its equity funds and inflows dropped back sharply, following its move to cap Devan Kaloo's emerging markets fund.