Emerging markets

Managers in Global Emerging Markets sector are waiting for an end to EM tightening cycles and resolution of eurozone crisis

Emerging market currencies fell sharply during September after holding up pretty well through August. Developing market exchange rates even lost ground against the euro, despite Europe being the focus of market fears.

Ardevora co-founder and fund manager anticipates peaking inflation and looser lending rules will unleash new economic growth phase in China.

CHINA HARD LANDING

China's tightened monetary policy appears to be having the desired effect on inflation as figures for last month showed CPI dipped to 6.1% in September.

Zimbabwean investment company Masawara, which is backed by Neil Woodford in the £18.6bn Invesco Perpetual income funds, has raised $50m towards its capital target since IPO last year.

Barings' head of Asian equities Colin Ng is rotating his portfolio away from industrials and petro-chemical stocks that took a hit in the summer sell-off, and has been adding to banks.

JO Hambro Capital Management's new Asian fund manager has said high profile fund managers caught out by accountancy fraud by some of China's smaller companies were not to blame as the problems can be so difficult to spot.

Jeff Casson, manager of the Martin Currie Latin America fund, travels to Brazil to see what effect the volatility in world markets is having on the region.

Strong long-term growth trends underpin the investment case of Sri Lanka, Pakistan, Bangladesh and Vietnam. But the risks outweigh the benefits, writes Maria Merricks.