Over the past 12 months European equities have been an excellent asset class in which to be invested...
Over the past 12 months European equities have been an excellent asset class in which to be invested. The FTSE World Europe ex UK index has given a total return of 38%, a healthy outcome when compare to the 15% return on the S&P Composite and a meagre 5% on the Japanese Topix index. There is every reason to believe European equities will continue to outperform other major markets over the coming 12 months. European investors remain under-invested in equities when compared to their counterparts in the US or UK. The average European pension fund allocates only 28% to equities compared to...
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