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Scots Funds Hunt Stocks to Beat Pessimism Lasting Into 2013

Scotland’s biggest investors are scouring Europe for stocks that can prosper in the economic slump they reckon won’t end anytime soon.

That’s made Amadeus IT Holding SA, a Spanish operator of travel booking systems, goods inspector Bureau Veritas SA and Gemalto NV, a digital security firm based in Paris, picks for 2013, according to money managers helping oversee a combined 492 billion pounds ($794 billion).