China

Demographic change in China set to be biggest in world

Fund managers snap up Europe as Greek worries recede

North Asian economies appear most exposed

How important is the macro thesis on EMs?

How bond managers are positioned for rest of 2015

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.

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.

Mining stocks are dragging down the FTSE 100 index after weak trade figures in China have reignited worries about a slowdown in its economic growth.

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.

Pictet Asset Management has upgraded its European exposure to a full overweight, following the resolution of a Greek bailout deal and positive expectations for future earnings.