Japan's stock market lost almost 7% after its first full day of trading following the earthquake and tsunami that struck the country on Friday.
A major earthquake in Japan has rocked markets, which were already fragile yesterday as the FTSE 100 hit a five-week low.
GLG has hired Jeffery Atherton as co-manager for the £1.1bn Japan CoreAlpha and £490m Japan CoreAlpha Equity funds, to work with Stephen Harker and Neil Edwards.
Japan's credit rating has been cut to ‘negative' by Moody's on debt level concerns.
William Littlewood, manager of the £798m Artemis Strategic Assets fund, explains why he is bearish on Japanese bonds but favours Asian currencies, and why he is not buying miners.
Artemis' William Littlewood is running a "significant" short on Japanese government bonds in the view they will be damaged by Japan's high public debt.
China has eclipsed Japan as the world's second largest economy after posting GDP figures of $5.8trn for 2010, beating Japan's $5.474trn.
Dalton Strategic Partnership's global head of asset allocation Andrew Dalton is seeing value in out-of-favour Japanese equities and predicts this year they could perform as strongly as in 2005.