Aberdeen's Paul Reed likes Spanish gaming firm Codere and leading glass and metals packaging supplier Ardagh for their robust earnings and attractive long-term prospects
Fund managers warn Japan could take a short-term hit to GDP following last week's earthquake and tsunami, but they are less concerned about the longer-term impact on the country's fragile economic recovery.
Aberdeen is converting one of its Asian bond funds into a short duration product due to rising demand for the strategy.
The Indian equity market has fallen 18% and seen a $1.5bn outflow of foreign investment since the start of the year as inflation fears drive investors back to developed markets.
The track record of active managers is being dragged down by the growing number of quasi-tracker funds in their peer group, according to recent research from the Yale School of Management.
The Aberdeen multi-management team has begun to build up exposure to developed regions, with a skew towards UK equity funds.
Fidelity's veteran manager Anthony Bolton has hit back at Aberdeen's head of equities Hugh Young, who says he is struggling to find quality, well-run companies on the Chinese mainland.
Aberdeen's Hugh Young is running a heavy underweight to China as he says bad management is prevalent among mainland Chinese companies.