asia pacific

The papers called Beijing's surprise devaluation an "escalation of currency wars", with some stating the move was "best seen as a distress signal from Beijing".

Officials want currency included in IMF’s Special Drawing Rights

Despite recent Chinese stock market volatility, the long-term growth outlook for Asia remains very positive, and compared to its emerging market peers the region does not come at a premium.

Invesco has appointed Asia Pacific fixed income CIO Ken Hu as manager of the fixed income portion of its $1.1bn Invesco Asia Balanced fund, following the departure of manager Frankie Tai.

First State Stewart expects to rebrand its funds this September following its decision to split its business in two on 1 July.

First State Stewart's global emerging markets team is turning more positive on one of investors' least-loved global equity markets, saying valuations now warrant closer attention.

Schroders' head of Asia ex Japan equities Robin Parbrook has told investors not to expect stellar returns from Asian equities as several headwinds threaten the asset class.