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investors shift to emerging market funds excluding china amid rising tensions
Investors are increasingly favoring emerging market funds that exclude China, driven by concerns over geopolitical tensions and the perceived risks associated with the Chinese economy. This shift has led to a surge in "ex China" funds, which have attracted $10bn in net inflows this year, as clients seek greater exposure to markets like India and Taiwan. Political motivations, particularly among US investors, are influencing this trend, with some pension funds divesting from Chinese assets due to national security concerns.
Franklin Templeton appoints Claire Tobler as new sales manager in Switzerland
Franklin Templeton has appointed Claire Tobler as the new Sales Manager for its Swiss operations, effective October 1. Based in Zurich, she will oversee the company's asset management strategies, contributing to the growth of its wholesale business, which has expanded to ten experts in 18 months. Tobler previously worked at Morgan Stanley and BNP Paribas, bringing extensive experience in sales and client servicing in the region.
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