Fidelity Worldwide Investment has cut the annual charge on Anthony Bolton's China Special Situations investment trust ahead of the handover to incoming manager Dale Nicholls.
China's stock markets fell overnight as major problems in its property market prompted talk of a potential bailout of a developer.
Gold ETFs have started seeing inflows for the first time in months, as political turmoil in the Ukraine and weak Chinese data pushed investors into safe havens.
The FTSE 100 index has endured its worst week since June as investors became increasingly nervous ahead of the planned referendum in Crimea due on Sunday.
Markets across Asia fell sharply overnight, with key indices shedding over 3%, as worries about the health of the Chinese economy and its ability to re-balance continued to hurt equities.
GAM is set to soft-close Michael Lai's GAM Star China Equity fund after a jump in size in recent months.
BlackRock has hired Helen Zhu from Goldman Sachs as head of China equities for Andrew Swan's team.