SWMC European fund

Some companies trading at 50% discount

Seen a 'robust recovery'

UK only accounts for 6% of eurozone exports

Cyclical opportunities

Fund managers give their assessment of the real strength of the financials sector after a turbulent few months.

In the second of a two-part Big Question, Investment Week asks which financial services companies are standing out as the sector's recovery continues

Investors should be turning their attention to small-cap stocks, instead of their larger counterparts, to play the export-led recovery in Europe, according to S.W. Mitchell Capital's Jamie Carter.

Jamie Carter, manager of the SWMC Small Cap European fund, says the shipping sector, and more specifically the oil tanker market, has become a surprise success story of fluctuating oil prices in recent years

Part II: Is peripheral Europe overvalued?