The poor performance of emerging market equities year-to-date has caused investors to turn to frontier markets in search of better returns.
The FTSE 100 was off around 1% this morning while oil prices climbed, as unrest in the Middle East threatens to escalate.
Charlie Bean, the deputy governor of the Bank of England (BoE), said the Bank has sent a "clear signal" it will not increase interest rates anytime soon as he expressed surprise at investors' reaction to its position.
The US is on course to hit its debt ceiling by mid-October unless the government intervenes, according to Treasury Secretary Jack Lew.
Managers have warned of a second wave of sell-offs in three major emerging markets following May's initial falls.
Fund managers investing in Hargreaves Lansdown are torn on whether to add to positions as the company readies the next phase of its RDR-friendly business model.
Fidelity Worldwide Investments has launched an income version of Ian Spreadbury's reduced duration bond fund.
AXA Framlington's Mark Hargraves is to take over management of the group's Global Opportunities fund as Mark Tinker becomes Asia business head.
Sheldon MacDonald, senior investment manager at Architas, has named the six alternative investment funds in the Architas Multi-Asset Active fund range.
Thesis Asset Management is developing a series of direct securities model portfolios for investors with a minimum investment amount of £25,000.