China

China is beginning to move from an export-driven economy to a more domestic-based one. There are huge challenges, but long term, reforms could make it a better prospect for investors, as the Chinese stock market becomes more investor-friendly in terms of share buy-backs and dividends and the growing middle class continues to consume. Also, with the liberalising of markets, it is clear investors are being put at the forefront of the policy-makers' thinking.

Chelsea Selection or Elite Rated*: Invesco Perpetual Hong Kong & China and Hermes Asia ex Japan

*by fundcalibre.com