Emerging markets are at risk of overheating and advanced economies face years of anemic growth and could face a ‘double dip', the economist known as Dr Doom warns.
Aberdeen is preparing to launch a closed-ended Latin American income fund for head of emerging market debt Brett Diment and head of global emerging markets Devan Kaloo.
Franklin Templeton's Mark Mobius has been buying into BRIC stocks in the past month on the belief the current share slump is only a correction in a bull market.
Lazard Asset Management plans to soft-close James Donald's Emerging Markets funds and launch a new growth-orientated GEMs product.