Salient to Investors:

Frederic Tassin at Aviva Investors expects the economic surprise for 2014 to be on the upside, is optimistic on Europe and is finding many opportunities in terms of valuations in equities.

The European equity index is at 14.1 x projected earnings versus 15.6 x for the S&P 500.

The World Bank predicts the global economy to grow 3.2 percent in 2014 and the richest nations to grow 2.2 percent partly on improvement in the euro area, and the US growing twice as fast as Japan.

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