China

Mike Riddell, bond fund manager at M&G, has warned if emerging market debt outflows continue at their current pace or worsen, the effect on the asset class is likely to be "cataclysmic".

Richard Wilmot is underweight financials and mining stocks in his Newton Higher Income fund on fears about the impact of the underperformance of Chinese and wider Asian markets.

Global equities climbed overnight as poor growth figures from the US allayed fears the Federal Reserve will soon slam the brakes on its stimulus programme.

Eclectica's Hugh Hendry added to a short position in Chinese equities in May, weeks before a soaring interbank rate sent the country's stock market into bear territory, it has emerged.

Chinese stocks sank deeper into bear market territory on Tuesday as fears over a credit crunch in China escalated.

GOSLING'S GROUSE

CONTRARIAN

ASEAN

Fidelity's Anthony Bolton has committed to hold on to his stake in the China Special Situations investment trust after he hands it over to Dale Nicholls in April next year.

Anthony Bolton has told investors he has no regrets about taking on the Fidelity China Special Situations trust, despite a "disappointing" run of performance.