Emerging Markets

Investment opportunities in Africa have never been better, according to Investec's Roelof Horne.

Premier's Fen Sung has already turned over half of the holdings in the Eastern Enterprise fund (renamed China Enterprise on June 1) since he took over the reigns last month from Richard Muckart.

Legg Mason's recently-launched Batterymarch Emerging Markets Equity fund has been awarded at AA rating from Standard & Poor's (S&P).

Julius Baer has announced its intention to launch an onshore version of its Northern Africa fund, which will provide exposure to the most developed capital markets and diversified economies in the region.

Premier's Fen Sung has already turned over half of the holdings in the existing Eastern Enterprise fund since he took over the reigns last month from Richard Muckart.

Baring Asset Management is set to launch a fund investing primarily in the countries of the Middle East and North Africa, subject to regulatory approval.

Emerging markets specialist Argo Group is to launch Argo Multi-Strategy fund, a diversified multi-asset class portfolio offering access to all of the firm's funds and best ideas.

F&C has moved to become significantly overweight in India in its global emerging markets portfolios, despite poor performance of that market since the turn of the year.

Investors are being urged to invest their money across all four BRIC economies rather than betting on a single country emerging markets fund.

Infrastructure and agriculture in Asia are two of the major investment themes favoured by David Urquhart, manager of the recently launched Fidelity Asian Aggressive fund.