Investors in China must look to companies not reliant on cheap labour for their competitive advantage, as this will soon fade, says M&G's Matthew Vaight.
The amount raised by companies from equity capital markets during the first half of the year was the lowest in five years.
China has set the renminbi-dollar exchange rate at its highest level in five years, after announcing it would make its currency more flexible.
SVM Asset Management has invested about half its fund of funds assets in investment trusts that have remained at excessively wide discounts to NAV since the credit crisis.
The luxury goods sector will not suffer as a result of a global environment of austerity, says the manager of the Swiss & Global's Luxury Brands fund.
Baillie Gifford's Patrick Edwardson has been increasing equity exposure in the £370m Scottish American Investment trust during the recent market volatility.