European equities are on a roll as emerging market economies falter. While there may be setbacks along the way, managers tell Paul Burgin where they expect to see further gains.
The IMA Europe ex UK sector rose almost 30% in the year to the end of August as investors re-evaluated their stance on the continent's beleaguered economies. The sector has pulled ahead of its UK All Companies, Global and Global Emerging Markets counterparts as Asian and emerging market sentiment has dipped. European special situations, recovery and value strategies have done particularly well as out-of-favour sectors, such as automobiles and financials, have benefited most from the improved outlook. Be selective Although managers think more gains are to be had, they caution that...
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