Bryan Collings has stepped down as managing partner of boutique Hexam so he can focus more closely on running the group's fund range.
The leaders of the BRICS countries - Brazil, Russia, India, China and South Africa - are planning a $100bn (£65bn) fund to protect against financial shocks.
Michael Konstantinov, manager of the £356m Allianz BRIC Stars fund, is to leave the group to pursue other opportunities.
Shares rose across Asia overnight on positive manufacturing data from China, which analysts said marked a turning point for the region.
Ashmore Investment Management, an emerging markets specialist, has launched a SICAV fund investing in Turkish equities.
M&G is to launch a Global Corporate Bond fund for Ben Lord next week, Investment Week understands.
Managers at Odey and M&G have taken opposing views on the fortunes of Aberdeen Asset Management as the impact of the emerging market sell-off polarises opinions.