Vester will take responsibility for enhancing and coordinating the boutique asset manager’s investment process and stock selection criteria.
The Chinese government’s previous target of 7.5 per cent for 2013 was beaten after growth reached 7.7 per cent last year.
New large cap fund will incorporate a blend of dividend growth and dividend yield.
Morningstar OBSR has maintained its gold rating on the £5.8bn First State Asia Pacific Leaders following a recent change in the portfolio’s management.
The central bank has also opted to maintain current levels of quantitative easing.
Fund investors continued to channel money towards European and Japanese equity funds last week, while outflows from emerging markets showed signs of easing.
The Japanese economy grew at a slower pace than the 2.8 per cent originally estimated by markets.
The Japan fund will be merged with the Martin Currie Japan Alpha fund.
Management handed over to Angus Tulloch and Richard Jones.
Portfolio will focus on developed markets and lower risk strategies and is planned for launch in this quarter.
Fund managers are sticking by Japan despite a weak start to 2014 and the market correction at the start of February.
Japanese equities are on track and on time, unlike London trains, Psigma chief investment officer Tom Becket says.
Private investor confidence in the UK stockmarket and gold jumped at the start of February, according to the Lloyds Bank Private Banking Investor Sentiment Index.
Hermes Fund Managers head of EM Gary Greenberg is mulling going overweight in the country.
Slowing in the Chinese economy be felt by commodity-centred sectors but will eventually affect the overall economy.
Fund is no longer economically viable to manage.
The BNY Mellon Japan Small Cap Equity Focus fund and the BNY Mellon Japan All Cap Equity fund will be run by the firm’s five-strong team led by Miyuki Kashima.
Fears of US recovery slowdown hits investor sentiment
Barbara Rupf Bee joins firm as head of global client group for EMEA.
Inflation increased at a rate of 1.3 per cent during the finla month of 2013.
Emerging markets had a tough 2013 and events of the last week have seen them sell off even more. But should investors be cautious about being underweight emerging markets right now?
The Legal & General UK Index trust topped the list of The Share Centre’s most bought funds.
China has witnessed its first slowdown in factory output in six months, adding further to concerns that the world’s second largest economy is at risk of a hard landing.
Investors poured money into European equity funds in the third week of 2014 while continuing to shun the world’s emerging markets.
Does China’s new emphasis on consumer growth mean newer industries such as IT and healthcare are the place to be, or are there still opportunities to be found in the un-loved traditional sectors?
China’s investment to GDP ratio leapt about 6 percentage points to 54 per cent last year, as its GDP growth falls to the lowest rate in 13 years.
A weaker yen is blamed for forcing up the cost of Japan’s energy imports and raising the country’s trade deficit.
Aberdeen Asset Management has been downgraded to underweight by Morgan Stanley on concerns over a “deterioration” in the performance of its key funds.
Many countries hope to boost exports to pull themselves from economic malaise, but they need buyers.
The Bank of Japan has voted unanimously to stick with current record stimulus levels.
Asset allocators are continuing to add risk to their portfolios even as concerns grow that the stockmarkets are looking expensive, the latest Bank of America Merrill Lynch Fund Manager Survey shows.
Full-year GDP levels for China beat the government’s target rate of 7.5 per cent.
Last week saw investors across the globe pull more than $20bn (£12.2bn) from money market funds and move further into equities, according to EPFR Global.
However, managers aware of challenges Japanese policy faces.
HL’s research and fund management teams have highlighted nine funds they find interesting for their own portfolios.
The 10-strong team will be lead by former First State head of global equities Habib Subjally.
Diego Mauro will focus on Asia in his role as director and senior investment analyst.
US Department of Justice has brought charges against three former traders for the bank.
Fund investors poured money into bond portfolios and cash while selling equities in the first full week of 2014, in contrast to the apparent start of the ‘great rotation’ at the beginning of last year.
Off the back of tumultuous 2013 for emerging markets, industry experts are divided on what 2014 will hold for them.