Big money managers see value in Asian stocks, where they say fundamentals remain reasonably strong.
"We're essentially constructive, not super bullish on Asian equities," said Ayaz Ebrahim, head of Asia Pacific asset allocation at J.P. Morgan Asset Management.
Regional indices have been hit hard recently amid volatility on the mainland and an oil price rout, with the CNBC Asia 100 index, which tracks the 100 largest companies in Asia Pacific, down 9 percent since the start of the year.
The blow to sentiment has left market players wondering how long the selling will last, but Ebrahim believes risks will soon abate.
"Volatility will continue this year, but hopefully not to the same magnitude we've seen recently."
Alongside U.S. interest rates and Chinese economic data, he flags diminished greenback strength as a key influence for markets this year.