Standard Life Investments' Harry Nimmo is set to run a significantly overweight position in the UK when his Global Smaller Companies fund launches on 18 January.
As Brazil overtakes the UK as the world's sixth largest economy, Maria Merricks looks at the key drivers behind its investment potential.
With volatility set to dominate again this year, experts predict which sector or geographical region will surprise on the upside.
Ardevora's Jeremy Lang and William Pattison have added an extra £2m of their own capital to their funds on a "reasonably bullish" view on equities.
Neptune's Robin Geffen is standing by his overweight US position as he believes the region is unlikely to fall into recession this year as long as another banking crisis is avoided.
Swiss National Bank chairman Philipp Hildebrand will receive a CHF900,000 (£615,000) payoff as he leaves the central bank following a scandal over his wife's currency trades.
The public's willingness to accept economic reform may be a greater problem for Europe this year than the stubbornness of the ECB, according to the managers of the Ruffer Investment Company.