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) - Investors looking to ride the global recovery should consider jumping into shares of




Sumitomo Corp.

, says Chad Deakins, portfolio manager for the

RidgeWorth International Equity Fund

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The $266 million fund, which garners three stars from fund rater


, has returned 13.5% in the past year.

Welcome to


Fund Manager Five Spot, where top fund managers give their best stock picks and views on the market in a five-question format.

What is your view of the global economy?


: The global economy is growing slowly. I think the central banks will remain in easing mode until growth picks up and global unemployment falls. This should support the equity markets for another few years.

Our fund has outperformed mainly from stock selection. We employ a value with a catalyst approach in the RidgeWorth International Equity Fund and the volatility in Europe has given us opportunities to enter into some attractive stocks at good levels.

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Based on that outlook, what is your top stock pick?


: We run a diversified portfolio, from both a region and sector viewpoint. We generally have a group of stocks we like the best and those are our top holdings. We don't take really large positions in any one name.

However one of our larger holdings that I really like is


. The company has one of the best geographical exposures to growing auto markets especially in Asia and Latin America with improving potential in the US market. They are unlike others as they combine scale and a multi-brand portfolio with a global footprint.

They also benefit from their price leadership and technology, all while trading at a discount to its peers. Volkswagen has a full product pipeline going into 2013 and strong brand portfolio across all segments. Their modular platform strategy is way ahead of their peers and that gives them a cost advantage. It has a strong balance sheet with potential dividend increases on the horizon. Shares have performed quite well lately, but continuing strong operating performance and attractive valuation should keep the shares outperforming.

What is your top "sleeper" or "under the radar" stock?


: I would say our top under the radar stock is another of our top holdings,

Sumitomo Corp.

Sumitomo is a Japanese conglomerate known as a trading company. I like its general diversification and exposure to many parts of the global economy. Investors obtain this exposure at a very attractive price.

What areas of the market are you presently avoiding?


: European utilities are still a little too up in the air with the political system in Europe still in flux. Also at some point it is going to be great to get involved in Spain, but I think it is still too early.

Finally, what is your outlook for 2013?


: In 2013, I think we will continue with the global recovery.


Written by Gregg Greenberg in New York.

Disclosure: TheStreet's editorial policy prohibits staff editors and reporters from holding positions in any individual stocks.