Managers of the recently-launched JO Hambro Capital Management (JOHCM) Emerging Markets fund remain convinced there are opportunities in consumer-facing EM sectors despite fears of a bubble.
ON EMERGING MARKETS
Vanessa Donegan has taken on the newly created role of head of Asia and global emerging markets at Threadneedle as head of GEM equities Julian Thompson and deputy manager Jules Mort leave the group.
Newton's Paul Brain is to run a new offshore global bond fund for BNY Mellon Asset Management based on his flagship onshore fixed income product.
HSBC has bolstered its ETF range with the addition of a fund providing exposure to the Far East.
Lazard Asset Management, a specialist in developing world equity investing, is expanding its capabilities into emerging market debt.
The asset management division of US banking group Wells Fargo is making its US-domiciled emerging markets fund available to UK investors as a Luxembourg Sicav.
High valuations and a lack of corporate governance means China is the worst placed emerging market to deliver a return on capital, according to M&G's Matthew Vaight.