Europe

We see 2010 as a year when market leadership changes. Concern about such a view is it feels consensual.

European equities is not the most popular asset class right now and Greece's very public debt problems are an indication of why.

The devil is always in the detail.

Henderson Horizon Pan European Alpha manager Paul Casson has initiated short positions in a basket of Spanish stocks on expectations of a Greek-style sell off.

Gartmore's John Bennett believes the long-haul recovery will favour technology and healthcare sectors alongside specific stocks able to deliver above average growth.

The sharp rally in European equity markets appears to have run ahead of the fragile economic recovery but there still seems to be scope for further setbacks.

Over the next few years we should see a sustained period of moderate global economic growth, albeit more subdued than previous economic recoveries.

Commentators get hooked on equity market index levels.

Smaller companies sector has significantly outperformed other IMA European fund sectors over past 12 months

When we considered the outlook for Russia at the beginning on 2009, it appeared we were staring into the abyss.