Asset management theme boosts the financial sector

Sentiment for Eurozone financials is positive with much of the interest being attracted by asset management companies. The financials sector has picked up from pre-March lows when the bull market in technology, media and telecoms saw the sector oversold to historically low levels. Now, according to fund managers, the future looks healthy, although most remain convinced that the really attractive growth prospects in the sector are limited to the themes of investment banking and asset management. Adrian Fowler, European investment manager at Aberdeen Asset Management, says: "We are still b...