GDP

James Henderson has managed Henderson Global Investors' UK Equity Income fund since 2005, taking on the mandate after a long spell at the asset manager.

Franklin Templeton's emerging market heavyweight Mark Mobius has blamed the flood of initial public offerings (IPOs) in emerging markets during 2010 for EM stocks' underperformance last year.

FRONTIER MARKETS

ROMANIA & MONGOLIA

ON ASIA PACIFIC

ON EUROPE

JAPAN ONE YEAR ON

Aberdeen's global equity fund specialist Bruce Stout, manager of the £1bn Murray International trust, has warned investors should be preparing for a decade of no growth in developed economies.

Emerging markets managers have tipped Russia to soar ahead of its EM peers in 2012, driven by higher oil prices, weak valuations and Vladimir Putin's economic reforms.

After a four year hiatus, Vladimir Putin won back the Russian presidency last week. Managers debate the consequences of his victory.