Martin Currie is to cut down the size of its UK-domiciled Japan fund range, merging John Millar's Japan fund into the group's Japan Alpha offering, Investment Week can reveal.
Baring Asset Management has hired former Martin Currie director Duncan Goodwin to head its global resources team.
Duncan Goodwin, manager of the Martin Currie Global Resources fund, is to leave the firm at the end of the year.
Martin Currie has appointed Michael Millar as an investment manager on its Asian equities team.
Tom Walker has handed over management of the Martin Currie North American fund to his co-manager Penny Kyle.
Japan equity managers are buying back into domestic companies and cutting their exposure to export-led firms as the slowdown in China and a flat yen weigh on sentiment.
Over the past couple of years, the landscape of the wealth management sector has evolved markedly.
Martin Currie has hired Damian Taylor as investment manager in its Edinburgh-based Asian equities team.
Andrew Graham, manager of the Martin Currie Pacific trust, argues the trend for earnings downgrades must reverse before stock markets can go higher.