Emerging Markets

ON EMERGING MARKETS

ON BONDS

AXA's senior portfolio manager Julie Lamirel is planning to add emerging market debt to her £20m Sterling Credit Short Duration Bond fund due to the attractive yields on offer.

Emerging markets are set to continue delivering higher growth and lower volatility than developed markets, with EM equities to return more than 10% per year until 2015, says Barclays Capital.

Investec Asset Management has launched two emerging markets funds investing in debt and local currencies.

Schroders' Matthew Dobbs is 6% underweight in financials in the group's £84m Asian Alpha Plus fund as the manager attempts to safeguard against rising interest rates in China.

HSBC Global Asset Management has launched two emerging market debt funds for its latest hire Guillermo Osses, head of GEM portfolio management.

Templeton's emerging markets expert Mark Mobius says he is still 'very positive' about Egypt's investment prospects, believing political turmoil will spur long-term reform.

Threadneedle's CIO Mark Burgess has reduced holdings in Asian and emerging markets in expectation of inflationary pressures, adding instead to European banking stocks and Japanese equities.

Barings' James Syme and Paul Wimborne are joining J O Hambro Capital Management (JOHCM) to launch a new emerging markets fund later this year.