Asian shares fell into bear market territory for the year overnight, while commodities and the euro suffered heavy falls on renewed eurozone fears.
Asian markets rallied overnight as Moody's mulled raising the ratings of some Asian countries, while investors pinned their hopes on an EU summit to solve the debt crisis.
IMF urges China to bring state-owned banking sector into line with international practices
Pictet Asset Management has launched the PTR Banyan fund, an Asia ex Japan long/short strategy, to be managed by Nidhi Mahurkar.
The World Bank has defied many commentators by forecasting China is heading for a soft landing, with growth in excess of 8% next year.
Manish Sonthalia, portfolio manager of the Gemini MOSt India fund, discusses the headwinds affecting the country's investment climate and reveals the positive signs of life.