Asia

Asian stocks have been largely ignored this year as investors take stock of positions and eye potential shifts in policy from central banks, but multi-managers are now upping their exposure amid a strong rally.

Old Mutual Global Investors (OMGI) has appointed a new Asian equities team headed by Joshua Crabb, previously at BlackRock.

'The biggest issue facing markets is Ukraine'

Brent crude oil has fallen to more than a two-year low following a thinktank's move to cut its forecast for global oil demand, while markets were muted overnight ahead of a pivotal US Federal Reserve meeting.

Sterling sold off further overnight, exacerbating Monday's losses, as nervous investors ditched the pound and UK shares on fears Scotland may vote to break apart next week.

Markets across the globe were mixed overnight as investors reacted to a series of stimulus measures introduced in Europe to stave off the downturn.

Fidelity Worldwide Investments is preparing to launch a high conviction Asian equities fund for Anthony Srom.

Matthews Asia has expanded its fund range with the launch of the Matthews Asia Strategic Income fund.

Coups and crisis: Can nothing dent confidence in Asia?

The S&P 500 briefly crossed the 2,000 threshold on Monday after US Federal Reserve chair Janet Yellen signalled she will hold back on any aggressive move on interest rates.