With NATO and Russia at loggerheads over a civil war in Ukraine, Britain facing the possible secession of Scotland, a country that represents a third of the territory of the U.K. and that would take with it perhaps 90% of British North Sea oil reserves, and with the Euro sinking on continued economic woes in the European Union, it might seem odd to think about investing client assets in Europe.

But think again, some experts say. Europe, for all its current issues, has a lot going for it -- especially some of its major constituents. Visitors to Europe from the U.S. will be impressed by the smoothly paved roads, even in frost-bedeviled countries like Norway and Sweden. Trains actually move fast and on schedule, and exports are surging, even in high-wage countries like Germany and Finland.

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