Rowe Price New Asia Fund, which FORBES rates a "B" in bull markets but a "D" in down markets, likes International Container Terminal Services, a port operator with headquarters in the Philippines and with other holdings in places as far-flung as Poland and Brazil.

FORBES: Thrilla in Manila

In August, international financier George Soros pronounced that the turmoil in Russia's markets had reached a " terminal phase", advising devaluation, and two agencies downgraded the country's international debt rating.

BBC: The year the bubble burst