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.
Valuations can, on a long-term view, offer significant opportunities, according to Vincent Devlin, co-manager of the BlackRock Greater Europe investment trust
All data is from FE Trustnet to 7 October 2015, unless stated.
New hire to focus on European strategy
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