Jupiter has promoted Dan Carter to run its $148m Jupiter Japan Select SICAV, with Simon Somerville stepping back to become deputy manager.
David Jane has ramped up Japanese equity and REIT exposure in the TM Darwin Multi Asset fund, following the sell-off in May.
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.
Jupiter's Philip Gibbs has been buying up Australian government bonds for his £233m Second Split trust in the view the sell-off in June was overdone.