European investors shun equities in Q2

The figures revealed investors' appetite for equity exposure did not recover in the second quarter from the stock market turmoil suffered earlier this year. EFAMA believes this situation is likely to persist in Q3 as a consequence of the crisis in the US subprime market and the financial contagion to the the global credit and stock markets. “However, the interventions of the central banks to avoid harm spreading to the real economy should contribute to restore confidence and trigger a rebound in stock prices," EFAMA adds. "At the same time, investors are likely to reappraise the risks ass...