europe manager david dick says increased stock-specific investment will serve investors well
Goldman Sachs believes equities are to resume their outperformance of bonds and cash and is positioning its Europe portfolio to take advantage of this stance. The need in Europe for continuing corporate restructuring and increased investment in equities by savers and pension schemes should provide a favourable structural backdrop for shares, according to co-manager of the Luxembourg-based Goldman Sachs Europe fund, David Dick. He said this climate is strengthening the group's belief the European market offers opportunities for long-term capital appreciation. Dick said: 'The past four y...
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