Distinguishing between those countries that would simply do well in a broad emerging market rally, and the economies where fundamentals have actually improved, is becoming increasingly important.
New hire to focus on European strategy
F&C has hired former iShares managing director Marc Knowles to head up its passives push as the group prepares to launch a trio of exchange-traded funds (ETFs).
Fund managers give their views on the key issues impacting global asset classes and outline how they are positioning portfolios.