Barings boosts GEM team with two new hires
Staffan Lindfeldt has been appointed head of global emerging market equities at Barings Asset Management following the departure of Roberto Lampl.
Staffan Lindfeldt has been appointed head of global emerging market equities at Barings Asset Management following the departure of Roberto Lampl.
Raiffeisen Capital Management has launched sterling share classes for three of its emerging markets equities funds as it looks to expand its presence in the international market.
Franklin Templeton's Mark Mobius is most fearful of state intervention into emerging market corporates as we approach the mid-point of 2013.
First State is to soft close Jonathan Asante's £4.2bn Global Emerging Market Leaders fund with the introduction of a 4% initial charge from 7 September.
The Aberdeen Global Emerging Markets Sicav and Oeic have reached a combined £15bn, and in March the firm took steps to stem inflows by imposing a 2.1% management fee across the range. What more do they have to offer?
Aberdeen has increased its interim dividend by 36% to 6p per share following a 34% increase in profits over the past 12 months.
Inflows into Mexican funds hit the highest level on record this week as $520m poured into funds focused on the country.
Fidelity has launched the Emerging Market Local Currency Debt fund, the fourth in a series of emerging market debt funds recently launched by the firm.
Sarasin and Partners has launched an emerging markets fund offering equal exposure across 19 of the 21 economies in the MSCI Emerging Markets Index.
From an investment point of view, emerging markets have had a fairly tough time in the past couple of years, with funds in the IMA’s Global Emerging Markets category returning on average 7% in the past year compared to 9.3% from the MSCI World Index.
ING Investment Management has appointed Marco Ruijer as lead portfolio manager of hard currency in its emerging market debt team.
Emerging market equities may be losing their shine following months of under-performance and a decline in sentiment towards the region, but investment professionals are still split on their prospects.