The Nikkei rose almost 3% to hit a six-month high overnight after comments in parliament by the Japanese finance minister on currency intervention.
Growth in Japan halved in the third quarter compared to the previous reading, the country's government reported overnight, with weaker consumption and exports pushing growth down.
Jupiter has promoted Dan Carter to run its $148m Jupiter Japan Select SICAV, with Simon Somerville stepping back to become deputy manager.
City Financial is preparing to launch an Asian macro fund for portfolio manager Geoffrey Barker.
F&C multi-manager heads Rob Burdett and Gary Potter have increased their position in Asia from underweight to neutral, despite believing things will get worse before they get better for certain parts of the region.
Asian stocks rose overnight, leaving the region on track for its best monthly run since 2010, as positive inflation data from Japan cheered investors.
HSBC Global Asset Management (GAM) is to launch a Far East ex-Japan ETF with a total expense ratio (TER) of 0.6%.