Emerging Markets

Former M&G manager Mike Godfrey has joined institutional investment boutique Marathon after leaving the asset manager last week.

EMD

Liontrust Asset Management has closed its Dublin-domiciled Emerging Markets Opportunities fund and fund managers Eoghan Flanagan and James Mellersh are set to leave the firm.

Robin McDonald, co-head of the multi-manager range at Cazenove, has said investors should not hold out for further stimulus from the Federal Reserve as he believes it has ceased its policy to weaken the US dollar.

Neptune's Robin Geffen has moved nearly half of his £950m Global Equity fund into US equities, his largest ever exposure to the region.

Investments in railway bonds and tea companies were just two of the many positions established by the Scottish investment trust company in the first year of its existence.

Aberdeen Asset Management has seen assets under management fall in the second quarter of 2012, after it deliberately curbed inflows into some of its most popular emerging market equity funds.

Schroders has launched three emerging market debt funds to be managed by recently recruited co-heads of fixed income James Barrineau and Rajeev de Mello.

US-based manager Brandes Investment Partners has launched an Emerging Market Equity fund as part of a push into the UK retail market.

Caroline Keen has been promoted to lead manager on the £266m BNY Mellon Asian Equity fund, previously led by Jason Pidcock.