The Buy Korea Renaissance Equity Unit Trust, which limits exposure to equities at 50% of its assets, gained 13.9%.

CNN: DREAMS AND CONTROVERSY

Earlier this year, Pimco, a unit of Allianz SE, said it plans to reduce its exposure to emerging markets over the short term, fearing Europe's problems were already affecting emerging markets.

WSJ: Pimco's Guiding Asia-Pacific's Investor Evolution: Ki Myung Hong

To get this broad exposure, managers were given a variety of functional roles, eventually assuming leadership for a small business unit.

FORBES: It's Time To Bring Back The General Manager