Emerging markets

The board of Anthony Bolton's Fidelity China Special Situations fund has bought back a further 750,000 shares in a bid to narrow its discount.

Hungarian bond yields soared above 10% yesterday after the government cancelled a bond swap auction, increasing fears the country will be the first in the EU to default on its debt.

Liontrust's Eoghan Flanagan has urged Chinese policymakers to accelerate monetary easing by the end of the year in order to help boost a slowing economy.

Around 10% of Hungary's local bond market is owned by Franklin Templeton Investments, according to reports.

JOHCM GEM Opportunities manager James Syme said Vladimir Putin's decision to run for the Russian presidency in 2012 has already proved negative for investors in the country.

ON EMERGING MARKETS

ON SPECIALIST MARKETS

Fidelity's global CIO, equities, Dominic Rossi has forecast another difficult year for equity investors as we enter 2012 but believes emerging markets are set to come back into the spotlight.

THE BRIC NATIONS

Brazil has joined central banks across the world in easing monetary policy after it slashed interest rates by 0.5%.