Martin Currie

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.

Former SWIP portfolio manager Divya Mathur will head up Martin Currie's forthcoming India fund, which is likely to come to market next year when there is sufficient investor appetite for the product.

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

Richard Evans, co-manager of the £204m Martin Currie Asia Pacific fund, will leave the firm and the fund management industry at the end of September.

ON NORTH AMERICA

Lacklustre performance lands both Tom Walker's funds in Chelsea Financial Services' infamous Relegation Zone.

ALL DOOM AND GLOOM IN THE US?

Martin Currie is changing the investment focus of its Securities Trust of Scotland from UK to global equities, with Alan Porter taking over as lead fund manager from Ross Watson.