Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.
In the second part of a Conjecture debate, an expert panel look at US equities
Legg Mason's Mary Chris Gay has diversified the financials holdings in the $4.8bn (£3.2bn) Value trust she runs with Bill Miller after the fund's exposure to banks hit it hard last year.
Worthwhile opportunities in US equities might have been overlooked by investors. Most jumped on the emerging markets train, which now looks overcrowded and heading towards a market bubble.
Why are investment managers moving away from benchmark investing? It is increasingly unnecessary in a world of absolute returns, writes Legg Mason's Christopher Zuehlsdorff.
The Legg Mason Western Asset Global Credit Absolute Return fund is set to launch on 1 May with a strong bias towards senior and subordinated financial debt.
Despite the significant gains generated in bond markets in 2009, we believe the case for corporate bonds remains strong.