Is now time to overweight the eurozone periphery?

Andrew Merricks, head of investments, Skerritt Consultants The old gags about what the capital of Greece is (about ten euros) and what's a Grecian urn (about ten euros) seem set to be consigned to the ‘outdated' bin as Greece recovers. In fact, the best performing parts of the eurozone have been the peripheral markets of Italy, Spain and Greece in the past 12 months. We think this may continue for a while yet. Many companies based in these countries are actually quite successful but trade at a discount to the main European markets (which we also like as an investment opportunity), s...