EMD

Emerging market fund flows have suffered their worst week since 2011, as investors fear a correction arising from the tapering of the US's QE program.

Goldman Sachs Asset Management (GSAM) has launched an emerging market debt fund which will actively allocate across government and corporate debt, and across currencies.

Fidelity has added a new product to its emerging market debt fund range, taking the total number of products to four.

Aviva Investors' Kieran Curtis has joined Standard Life Investments' (SLI) emerging market debt team, as the firm looks to bolster its footprint in the space.

Charles Hepworth, investment manager in charge of GAM's discretionary fund management (DFM) offering for UK IFAs launched in November, has revealed his top fund picks for the range.

Threadneedle co-head of emerging market debt John Peta has taken over management of the group's local EMD fund as he begins running money at the group for the first time.

Strong inflows into Aberdeen Asset Management's emerging market debt and equity ranges have helped produce a 3% rise in the group's AUM in the three months to 31 December 2012.

Aberdeen's head of emerging market debt expects emerging market currencies to be the key drivers of superior returns from the asset class in 2013.

FIXED INCOME ALLOCATIONS

Schroders has launched three emerging market debt funds to be managed by recently recruited co-heads of fixed income James Barrineau and Rajeev de Mello.