US shares fell in early trading on the back of interest rate concerns following the Chinese Central Bank's decision to increase its inter-bank rate for the first time in four months.
Goldman Sachs has filed with the Securities and Exchange Commission to launch its first range of ETFs.
China is to hold its economic growth target at 8% in 2010 despite the global downturn.
Global X Funds has listed a China financials ETF on NYSE Arca, tracking the S-Box China Financials index.
Commodities will be the main focus of investors' strategies next year, driven by demand from developed economies, according to Fidelity asset allocation director Trevor Greetham.
E-Fund Management has attracted $2.8bn through its Shenzhen 100 ETF feeder fund, placing the firm as the second largest fund manager in China, according to Z-Ben Advisors.
Global X Management Company, a New York based asset manager, has launched two ETFs tracking the consumer and industrial sectors in China.
"Fantastic" and a "big surprise" is how advisers and multi-managers are describing the return to running money of Fidelity's iconic fund manager Anthony Bolton. But some offer a word of warning...
UK private equity companies reacted angrily last night after a European parliamentary committee proposed widening the scope of a controversial directive for alternative fund managers.
Invesco Trimark, a subsidiary of Invesco, is offering a range of mutual funds comprising PowerShares ETFs in Canada.