China

SOUTHERN EUROPE

The Chinese renminbi has seen its worst fall in value since 2005, after tumbling overnight.

UK equities dipped this morning after closing at a 14-year high yesterday, with falls in commodity markets hitting miners.

Equity markets around the globe are near - or at - record highs, with sentiment remaining positive, but Chris Wyllie at Iveagh argues investors need to be prepared for a setback after such a strong run.

UBS Wealth Management's research team is finding better value opportunities in Europe than in emerging markets, pointing to the latter's political instability and lack of earnings momentum.

Shares across Asia fell on Thursday after latest Chinese manufacturing data came in at a seven-month low.

ENERGY

ALTERNATIVES

Jonathan Pines, manager of the Hermes Asia ex Japan Equity fund, has named five stocks that helped him beat competitors in his peer group last year.

COMMENT