Emerging Markets

AXA Investment Managers' head of emerging market equities, Julian Thompson, has named Mexico as his top pick from among the EM countries in his investment universe.

EMD

Renaissance Asset Managers has been bought by emerging markets specialist Kazimir Partners, in a move which will see a number of its funds merged into other products, and a raft of new strategies launched.

EQUITIES

Two of Pictet's emerging markets team, including Russia fund manager Peter Jarvis, have left Pictet Asset Management(PAM), Investment Week can reveal.

J.P. Morgan Asset Management's Austin Forey and his new co-manager Leon Eidelman are looking to add a mid-cap slant to their £1.1bn Emerging Markets fund to give performance a boost.

Artemis Global Select managers Simon Edelsten and Alex Illingworth have bought into a Burma-focused real estate firm as they take advantage of an increasingly accessible market.

Aberdeen Asset Management is to raise the initial charge on a number of emerging markets funds to 2% in order to stem inflows and avoid liquidity issues.

First State Investments is to launch a local currency emerging market debt fund to sit alongside its existing hard currency OEIC.

Investors have been trading equities en masse, according to the latest data from BlackRock, with 94% of a record $262.7bn of flows accounted for by the asset class last month.