'When you drive up the value of an asset class, you can create social instability'

In part two of our report from Investment Week's Global Investment Focus event, held in London on 13 November, Laura Dew asks our speakers for their views on the markets, and where they are finding the best opportunities right now.

Jacob de Tusch-Lec, Manager of Artemis Global Income Which region offers the best opportunities at the moment? Europe is still cheap and underowned, it has re-rated a lot over the past year but there is a fair amount of recovery priced in. The US is still expensive. Emerging markets are also fairly cheap and underowned, as Europe was two years ago. Indonesia is overheated though, and Turkey and India have current account deficits, so it is a little bit tougher to find them attractive. What is your view of the European recovery? Europe cannot recover on its own, it needs structur...