Martin Currie

Martin Currie's US manager Tom Walker has been snapping up income stocks after converting his Global Portfolio trust into a global offering.

Martin Currie is to close its £18m Pan European Alpha fund and named a new manager for its European fund to replace the departing Eric Woehrling.

Martin Currie has changed the name of its Portfolio investment trust to the Global Portfolio trust to better reflect its global focus.

Martin Currie is planning to convert its European fund into an income mandate as co-manager Eric Woehrling departs the firm, Investment Week understands.

ON JAPAN

Tom Walker, the manager of the Martin Currie £677m North American fund, said investors concerned about the US debt crisis should look to technology as one of the least exposed sectors to political risk.

Martin Currie is set to lose its Shanghai research team after its China joint venture partner announced it would buy out the company's stake.

ON ASIA

Investors with a high tolerance for risk are looking towards less developed ‘frontier markets' that are excluded from conventional emerging-market indices.

Aberdeen's multi-manager team have sold out of their position in Tom Walker's £677m Martin Currie North American fund and made a string of changes to their Ethical portfolio.