Emerging Markets

First State Investments' Jonathan Asante bought into Anglo American for the first time in three years ahead of its purchase of 40% of diamond producer De Beers last week.

Fidelity has expanded its Fidelity Active Strategy range for discretionaries with the launch of an Emerging Markets fund managed by Nick Price.

Ashmore Investment Management has expanded its SICAV range with the launch of an emerging market equity fund.

Octopus Investments has bolstered its multi-manager suite with two launches, adding a global absolute return vehicle and an emerging markets fund.

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Emerging market currencies fell sharply during September after holding up pretty well through August. Developing market exchange rates even lost ground against the euro, despite Europe being the focus of market fears.

Franklin Templeton's Mark Mobius has said he does not believe there will be a recession in developed or emerging markets despite the ongoing eurozone sovereign crisis.

Hugh Hendry's ‘miserable' outlook for the world economy has driven his CF Eclectica Absolute Macro fund to return 4.76% during the last two months of market upheaval.

Lloyd George Management has appointed Thomas Vester Nielsen to run its newly launched Frontier Markets equity strategy.