Emerging markets

Sarasin & Partners has launched a lower cost emerging markets fund, designed to provide access to smaller countries in the space.

First State Stewart has warned it may be forced to soft-close its Dublin-domiciled range, including offerings from star manager Jonathan Asante and Angus Tulloch, if inflows continue at their current pace.

AXA Investment Managers' head of emerging market equities, Julian Thompson, has named Mexico as his top pick from among the EM countries in his investment universe.

Martin Currie has set up an investment hub in Singapore to focus on its growing client base in Asia.

Chinese and wider Asia stock markets were boosted today by better than expected inflation data from China.

First State is considering moving Jonathan Asante's £4bn GEM Leaders fund out of the IMA Global Emerging Markets sector in order to combat capacity issues, Investment Week understands.

BRAZIL

INDIA

The management team of Indian equity specialist Ocean Dial Group (ODG) have agreed to buy out the business from its parent company Caledonia Investments.

Renaissance Asset Managers has been bought by emerging markets specialist Kazimir Partners, in a move which will see a number of its funds merged into other products, and a raft of new strategies launched.