Global

Ignis' Diamond Lee believes Asia will have a major inflation problem in the second half of the year, causing markets to become more risk averse.

Iveagh Private Investment House, the Guinness family office, has launched six global multi-asset funds offering a range of different risk profiles.

The Indian equity market has fallen 18% and seen a $1.5bn outflow of foreign investment since the start of the year as inflation fears drive investors back to developed markets.

Schroders' Matthew Dobbs is 6% underweight in financials in the group's £84m Asian Alpha Plus fund as the manager attempts to safeguard against rising interest rates in China.

Stock selection has been the key to outperformance for funds in the Asia Pacific excluding Japan sector over the last five years.

Fidelity is changing the investment parameters of its £182m Fidelity Global Inflation Linked Bond fund, allowing manager Andy Weir to reduce average duration.

CHINA CLIMBS THE WALL OF WORRY

Henderson Global Investors is aiming to raise up to £150m with the launch of its latest product, a global equity income investment trust.

JOHIM's Asia manager has refuted claims China's inflation rate is out of control and said any volatility resulting from these fears should be treated as a buying opportunity.

Some of the biggest Chinese investors in the investment trust universe have clashed over whether the country is in bubble territory.