Asia

Fund managers are concerned the Chinese central bank's shock move to devalue its currency could lead to the renminbi depreciating further, sparking heightened capital flight from the region and the rest of Asia.

Paul Niven, manager of the Foreign & Colonial investment trust, explains how beyond the near-term volatility and fears about navigating future interest rate rises, global equities are actually expected to excel.

China has surprised investors by weakening its currency almost 2% lower after a weekend of poor trade data, sending shockwaves through other Asian currency markets.

Prusik's Heather Manners is backing Vietnam as an Asian hotspot, as the country gears up to sign trade agreements, apply for MSCI membership and increase foreign ownership limits.

The headwinds and tailwinds for China

Fidelity is cutting the annual management charge on its £182m Asian Values investment trust, as it moves to a tiered pricing structure.

First State is to launch three new Asian equity funds, following the split of the First State Stewart team earlier this year.

Managers' best ideas from across the globe

Old Mutual Global Investors(OMGI) is changing Josh Crabb's Asian Equity fund into an income strategy in response to client demand.