Emerging markets

Jacob Rees-Mogg’s Somerset Capital Management to close

Jacob Rees-Mogg's fund house managed $10bn at its peak

Somerset in advanced talks to transfer top performing funds after SJP withdrawal sends assets tumbling

2 min read

Inflation and market rout puts UK fund firms in the red

Investors yank billions from UK funds Polar Capital, Ashmore as ‘bear market sell-off’ takes hold

Polar Capital said the drop in assets was driven by 'the bear market sell-off, net outflows, fund closures and fund performance'

2 min read

In 1MDB trial, ex-Goldman exec Tim Leissner’s testimony challenged: ‘I was trying to protect myself’

Lawyers for defendant Roger Ng look to cast doubt on account of former Goldman colleague Leissner

3 min read

After more than 30 years at Franklin Templeton, Mobius launched his own emerging markets-focused venture in 2018

Mark Mobius says pile 10% into gold, and calls China crackdowns ‘a good thing’

'The idea of gold is that it is emergency money,' says the veteran investor and founder of Mobius Capital Partners, as he mulls inflation risks

3 min read

Sponsored – The Future of Latin America

What is the future of the capital markets of the Latin American continent and its exchanges? And, if so, what form will it take?

2 min read

Tidjane Thiam's Freedom vehicle raised $345m in March via a listing on the New York Stock Exchange, advised by JPMorgan, Bank of America and Broadhaven

Tidjane Thiam’s Spac pursues $1.5bn Latin American fintech target

The combined entity would be worth about $1.5bn — much higher than Thiam’s $345m Spac

2 min read

Ashmore profits rise on back of bumper performance fees

Mark Coombs, Ashmore's chief executive, said he was optimistic about future prospects for emerging markets, despite the ongoing Covid pandemic

1 min read

The election of Joe Biden and a Democrat controlled Senate has helped buoy stock markets

Investors pile record $255bn into stocks as bull market seen raging into 2021

Unprecedented central bank stimulus amid the pandemic, the 'Blue Wave' election of Democrats and low yields are among reasons for why stocks still remain attractive

2 min read

Pandemic drives private equity exodus from emerging markets

Level of dealmaking in emerging markets has nearly halved this year because of the coronavirus pandemic, with few signs of a potential rebound

7 min read

Argentina debt deal illustrates pandemic’s blow to emerging markets

Strains show the divide between countries more reliant on tourism and commodities and those with burgeoning technology industries

4 min read

Investors edging back into emerging markets

Overseas investors put $4.8bn into Chinese stocks last month, while pulling $4.1bn out of other emerging-market equities

India has been hit especially hard

Emerging market hedge funds tanked last month — and it may get even worse

India was hit especially hard — with an index tracking hedge fund performance down 35.2% in March alone

Ashmore assets rise towards $100bn

Investors flocked to products focused on emerging market debt at the end of 2019 — particularly that denominated in local currencies, rather than US dollars

Ashmore fund tripled down — then Argentina, Lebanon and Ecuador tripped it up

Near-simultaneous losses from large investments in the countries hit the emerging-markets bond mutual fund

Emerging market funds are trying to sidestep China

The nation dominates the headlines, is the most-cited reason for sleeplessness among corporate executives, and puzzles investors daily

8 min read

A container port in Shanghai, China

Trade war tensions rattle fund managers

Despite much optimism that the US and China will do a deal eventually, some fund managers are beginning to get nervous

3 min read

Johannesburg, South Africa, where Barclays' new co-head of banking in the country is based

Barclays hires rival Deutsche Bank’s top man in South Africa

UK lender, which only completed the sale of its African operations last July, looks to the continent once again

2 min read

China's president Xi Jinping with African leaders at the Forum on China-Africa Cooperation in September 2018

Investors dig down for deals in Africa

Big private equity firms are on the retreat in Africa but there are plenty of smaller opportunities

7 min read

The world's longest sea-bridge, connecting Hong Kong, Macau and mainland China, was opened on October 23 - as Chinese stocks led a global stock-market setback. What next for emerging markets?

Emerging markets: Today’s pain could be tomorrow’s gain

With emerging markets' trade woes sending stock markets spiralling around the world, FN's sister publication Barron's sought the views of four influential investors

17 min read