Fund manager's comment/Jeff Currington
European equities continue to take their lead from their US counterparts and recent levels of volatility remain. Although the expectation is for an improved economic environment toward the end of the year, the cautious stance and wary sentiment is likely to continue over the coming months. The past year has been a shocker for Euroland equity investors, many of whom may be experiencing a bear market for the first time. Recent events may have scared off Euroland investors more than they should. If they stay out and do not treat recent events as a buying opportunity, as a more experienced i...
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