Luxembourg

Chinese stocks took a severe hit as the threat of a credit crunch in China escalated and the country's central bank threatened to continue its credit-tightening policy.

Aubrey Capital Partners is set to launch a high conviction EU equity fund with "quiet confidence" 2013 will be a strong year for the region's markets.

CONTRARIAN

Katie Holliday asks Dalton Strategic Partnership's CEO Magnus Spence how the firm has coped with the passing of its charismatic co-founder Andrew Dalton.

Franklin Templeton is launching an Africa fund for veteran investor Mark Mobius, making it the latest fund group to test investor appetite for the world's second-largest continent.

Allianz Global Investors has announced plans to make its Income and Growth fund available to UK investors through the launch of a sterling hedged share class at the end of the first quarter.

Dexia, the bank bailed out by the French, Belgian and Luxembourg governments, loaned €1.5bn to two of its investors who then used the cash to buy shares in the company, it has been claimed.

Martin Currie is to launch a global emerging markets fund as it moves the rest of its SICAV range to UCITS IV.

Pictet Funds is launching an environmental fund based on its thematic approach to investing.

A LINE IN THE SAND