China

At the moment I would suggest a great many virtuous fund managers have got their caution towards the euphoric stock markets about right. A couple of weeks back I could turn to almost any page in the news section of this fine paper and find a sensible...

As emerging markets evolve, is it time to reassess the asset class?

The UK stock market feels less volatile, and there are tangible signs of stabilisation and incremental improvement in the global economy.

Following a 70% rally from the lows of March, Asian equities' outperformance gap versus the rest of the world has widened even further, resulting in 31% outperformance for the first seven months of the year.

It has, on the whole, been a positive time for markets, and enthusiastic investors have been rewarded accordingly.

Since March this year the Asia Pacific markets have rallied strongly, as investors anticipated that loose monetary policy and government stimulus packages would be enough to trigger a recovery.

Diverse sector at the forefront of downturn over past year, with just eight funds producing positive returns to investors

Investors are continuing to look East for current equity opportunities, with a number of Asia-focused funds among the top sellers on Fidelity FundsNetwork in July.

We believe there is a strong strategic case for choosing to invest in commodities. Over the next 15-20 years, we expect demand for the world's natural resources to grow at a rapid pace.

Sentiment and certain macroeconomic data have recently improved and the risk of a prolonged global recession has eased.