As developed economies continue to tackle inflationary pressures, emerging markets are rebounding over their inflation curve and into a growth period.

Magellan has begun positioning its $7.3 billion Global portfolio for a recession, which it believes is a likely scenario this year.

Investor appetite for equities is set to recover as markets “look through the valley” to the other side of the bear market, according to the fund manager.

Global X ETFs has appointed Jessica Leung from BetaShares as its newest portfolio manager.

Investors are the most underweight to equities relative to bonds since the Global Financial Crisis as fears of a credit crunch drive up fixed income allocations.

Pengana has announced a joint venture with investment manager Washington H Soul Pattinson in the hope of democratising access to private credit for non-institutional investors.