Emerging markets

Mike Riddell, bond fund manager at M&G, has warned if emerging market debt outflows continue at their current pace or worsen, the effect on the asset class is likely to be "cataclysmic".

Eclectica's Hugh Hendry added to a short position in Chinese equities in May, weeks before a soaring interbank rate sent the country's stock market into bear territory, it has emerged.

Standard Life Investments (SLI) has launched a local currency emerging market debt fund to complement its existing hard currency offering.

Goldman Sachs and Morgan Stanley have downgraded a number of asset management firms on fears some fund groups will see net outflows for the second quarter of this year.

Fidelity's Anthony Bolton has blamed US-listed Chinese firms for the poor performance of his Fidelity China Special Situations trust, on top of a falling market.

Emerging markets now face a "cyclical point" in their development as the impact of loose monetary policy around the globe begins to wane, according to Jupiter CIO John Chatfeild-Roberts.

THE BIQ QUESTION

Emerging market debt suffered its worst weekly sell-off for nearly two years in June, as investors reduced local currency exposure in anticipation of a rising dollar.

Baring Asset Management (Barings) has revamped its emerging market equity team, hiring a new head to replace outgoing Roberto Lampl.

Mark Mobius, executive chairman of Templeton Emerging Markets Group, examines the relationship between the EM giants and frontier markets.