Emerging Markets

EMERGING MARKETS

Emerging markets guru Mark Mobius believes fears of a double-dip recession are good for markets, as it will force global central banks to remain liquid.

EM PRIDE AND PREJUDICE

SECTOR WATCH

Fidelity has added a sterling share class to its Luxembourg-domiciled Emerging Asia fund.

Graham French, manager of the £4.28bn M&G Global Basics fund, has moved defensively in recent months on concerns over a slowdown in global growth.

Investec's Emerging Markets Debt fund, the first daily-dealing UK onshore vehicle investing in local currency EMD, has broken through £1bn of assets after seeing substantial flows over the past year.

Allianz RCM is to launch its Brazil fund on 7 October, with commodity extractors and domestic consumption stocks expected to play key roles in the portfolio.

First State's Asia Pacific and global emerging markets team has raised concerns that loose monetary policy in OECD countries is threatening developing nations.

Allianz Global Investors' Nick Smith and OBSR's Jack Aldhous provide the answers on BRIC funds.