Schroders' Louisa Lo says a drop in exports will see Asian markets affected by the Western downturn.
European and Asian stock markets declined sharply in Wednesday trading, mirroring overnight falls in New York, on concerns the US recovery is faltering.
Fidelity's Anthony Bolton has said he expects changes to US listings regulations following concerns over reverse-takeovers and admitted market conditions in China have surprised him.
Invesco Perpetual and JO Hambro Capital Management (JOHCM) have gone overweight Japan across a range of Asian and global mandates amid a rebound in the country's stock market.
Andrew Nicholas, manager of First State's £60m Global Property Securities fund, has moved overweight Japan, following the earthquake and tsunami in March.
JP Morgan Asset Management has launched a Japanese absolute return portfolio for fund manager Kaori Tsujino.
Baillie Gifford's Sarah Whitley says companies seem to be under-promising and over-delivering following the earthquake.