Currington eyes consistent returns

The US market is bottoming out, which will affect European exports but the remainder of the European market is likely to remain resilient to the downturn, according to Jeff Currington, manager of the Norwich European Equity fund. Currington recently won the Europe ex-UK sector award at the Investment Week Fund Manager of the Year Awards for the consistency in his approach. Having bought into technology stocks during their rise through 1999, Currington trimmed back the portfolio prior to the bubble bursting, finding solid returns in the defensive old economy sectors. Over one an...