BlackRock's Will Landers, the largest investor in South American equities, is maintaining a big underweight in Petrobras as the giant prepares for its world record rights issue.
Gam has launched a Ucits III long/short fund with an emerging markets remit for investment director Sean Taylor.
Martin Currie's emerging markets manager Dariusz Sliwinski is leaving the firm after a 13-year tenure.
UK managers have been ramping up their mining exposure, pointing to demand in emerging markets which could lift the sector's share prices even if the West experiences a double-dip recession.
Newly-formed group Alquity Investment Management has launched an Africa fund for UK retail investors that sees 25% of management fees donated to support humanitarian projects in the region.
Carlos de Leon has joined Allianz RCM as a portfolio manager ahead of the launch of its Brazil fund in October.
Former Neptune India and Asia Pacific Opportunities manager Shelley Kuhn has returned to the boutique to run a new African equity fund.