Neptune's Robin Geffen has moved nearly half of his £950m Global Equity fund into US equities, his largest ever exposure to the region.
Chinese Premier Wen Jiabao has said the world's second largest economy can meet its growth target this year in an effort to allay concerns over recent economic data.
Baring Asset Management is expanding its presence in Korea with the acquisition of one of the largest asset managers in the region, SEI Asset Korea.
First State Investments will no longer accept new platform business for its £5.6bn Asia Pacific Leaders and offshore Global Emerging Markets Select funds in an effort to limit inflows.
Franklin Templeton has launched a Brazilian Opportunities fund targeting a total return from Brazilian equity, fixed income and currency markets.
Newton is to launch an Emerging Markets Income fund for Jason Pidcock to complement the manager's existing £2.1bn Asia Income fund.