The effect has been to remove the barrier to shareholder suits, according to Paul Sheard, a strategist at Baring Asset Management.

ECONOMIST: Spare a thought for shareholders

Khiem Do, head of Asian Multi-Assets Group at Baring Asset Management, said Asia markets would continue to benefit from a strong regional economy underpinned by Chinese growth.

FORBES: Stock Markets Slip On Democratic Win

Due to the fundamental long term demand for more and better housing in China, Khiem Do, the Hong Kong-based head of Asian multi-asset strategy at Baring Asset Management Ltd.

FORBES: China's Cities Take Steps To Stimulate Home Purchases

"We've held a substantial long position in the Mexican peso since the beginning of the year, which has done very well, and we're going to keep that for the time being simply on fundamentals and attractive valuations, " said Dagmar Dvorak, an investment manager of fixed income and currencies at Baring Asset Management in London.

WSJ: Greek Vote Could Reignite Emerging-Market Currencies