Fund Manager commentary for the month ended 31 July 2017 covering market review, BT Investment Management fund performance and outlook for the period ahead.

Samir Mehta looks at the South Korean market's strong recovery, despite significant headwinds, and explains his fresh conviction on the Malaysian market.

Whilst yields exhibited some volatility during the month, the response in risk assets was muted and largely benign. Perhaps we do have the ingredients for another risk squeeze, led by strong growth and accompanied by disinflation, which keeps yields anchored.

We have long been positive on India, with a preference there for domestic cyclical stocks. We continue to see opportunities in the banking system, but recognise that a broad credit recovery may still be some way off.

Ashley Pittard shares his thoughts on economic recovery in Europe, the earnings prospects for Boeing and the development of robotics technology in Europe

Maintaining order in China’s financial system requires heavy-handed, concerted action from regulators, but will it be enough? James Syme holds some doubts.

I ve been turning over in my mind the question of nostalgia and whether I suffer from it. If nostalgia means the powerful recollection of strong emotions and a regret that such feelings are no longer present in our lives then I plead guilty. - Julian Barnes The Sense of an Ending.In commemorating the 20th anniversary of the handover of Hong Kong to China on...

As we stand today there are clear and compelling opportunities in emerging markets. However, there are also countries facing stiff challenges and political malaise. The key is to be selective in what you own.

Pete Davidson discusses the factors beyond the online vs. bricks and mortar retailing paradigm that are impacting retailers and consequently, sector valuations