China

EMERGING MARKETS

China has raised interest rates for the first time since 2007 in a bid to stifle inflation and dampen down its overheating property market.

According to Pictet Asset Management, it is possible to identify slowly evolving tendencies - in demographics, the environment and society - that can be forecast with some confidence.

FUND MANAGER FOCUS

ON SPECIALIST MARKETS

ON EMERGING MARKETS

Chinese sovereign bonds are becoming almost as safe as US treasuries in the CDS market.

Dominique Strauss-Kahn, the head of the International Monetary Fund, has warned global currency disputes are a "real threat" to the economic recovery.

The manager of an AIM-listed China trust - which is held by Fidelity's Anthony Bolton, Baillie Gifford and Henderson - is under investigation by the US regulator.

ON ASIA