BlackRock's Will Landers, who has run the £170m BlackRock Latin American investment trust for over a decade, has been replaced as manager by Sam Vecht and Ed Kuczma with immediate effect after announcing plans to leave the firm in March.
The board of the trust announced on 24 December that Landers would be leaving BlackRock on 17 March this year, alongside two analysts from the team based in Sao Paulo. Landers joined the group in 2002...
Japanese stocks have more than doubled their returns since December 2012, on the back of Abenomics, but many investors are still not convinced of the sustainability of the rally.
Shares up 15% on Friday