The IA Japan sector is home to the most consistent fund performers over the past three years, according to the latest research by F&C's multi-manager team.
Market turmoil in China will prove a greater problem for European equity managers than the ongoing travails of eurozone member Greece, according to Argonaut Capital's Olly Russ.
China's Shanghai Composite has suffered its worst day since early 2007 as the country's stock market sell-off returned with a vengeance on Monday morning.
Chinese equities have rallied strongly after it was revealed state banks have lent some 1.3trn yuan ($209bn) to the country's margin finance agency in the latest step to prevent a market freefall.
Aberdeen's head of global emerging market equities Devan Kaloo has admitted the significant underweight to Chinese equities - as well as an overweight to India - has hurt his flagship GEM fund so far in 2015.
Chinese ETFs have been hit by price swings and wide valuation gaps as a result of the suspension of trading on a large proportion of Chinese stocks last week.
How China can restore investor confidence
Fund managers have warned the Chinese government's latest intervention to halt a stock market rout will not be enough to prevent a noticeable slowdown for the world's second largest economy, with huge repercussions for global growth.
Recent events in China's mainland equity markets have been nothing short of spectacular.