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BUZZ-EM weakness takes toll on UK-listed funds

Tue, 18th Aug 2015 11:07

** Listed units of EM/China-focused funds in the UK feelingthe heat from the persistent weakness across their focus markets

** Fidelity's China Special Situations fund down5.1 pct in decent volumes and worst performing UK midcap

** Units in fund down 8.3 pct since last Monday's surpriseregime shift for the Chinese yuan

** Units in JP Morgan's China fund down 7.6 pct inthe same period

** Aberdeen's NYSE-listed Emerging Markets fund down3.7 pct since last Monday's close, while main co Aberdeen AssetManagement's shares are at their lowest since Dec. 2012

** EM-focused Aberdeen saw outflows of almost 10 bln stg in3 months to June as investors cut their exposure to EM

** Templeton EM fund, JP Morgan EM fund, andGenesis EM fund down 5.5-6.7 pct since last Monday

** FTSE 350 Equity Investment Instruments Index is down 3.2 pct since the move, dragged down by Templeton EM andFidelity China

** The latest monthly survey of global investors fromBofA-ML found investors were underweight EM by the most onrecord (venkateshasoumithri.mamidipudi.thomsonreuters.com@reuters.net)

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24 May 2019 11:15

JPMorgan Chinese Outperforms Benchmark Despite Net Asset Value Fall

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VinaCapital Vietnam Opportunity Hires Ex-Fidelity Exec Non-Executive

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LONDON (Alliance News) - Henderson Smaller Companies Investment Trust PLC said Friday that it made several changes to its board following its annual general meeting.Senior Independent Mary

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LONDON (Alliance News) - JPMorgan Chinese Investment Trust PLC said on Friday that it has performed ahead of its benchmark in the first half of its financial year, largely through its exposure to

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