Professional Adviser's editorial director Lawrence Gosling spoke to BlackRock's European Dynamic fund manager Alister Hibbert at the end of 2010 about prospects for equity markets, the euro and dangers from the peripheral nations.
QLawrence Gosling: There has been a lot of negative economic news about the European peripheral nations in the past couple of months. What impact has that had on the performance of the European Dynamic fund and on your view of European equities? AAlister Hibbert: Well, our basic opinion of the European equity market remains pretty much unchanged. The events that we are seeing in the peripheral countries, most recently in Ireland, are of course quite concerning. But they need to be put into a proper context. So, if I look at the Irish economy, it is about 1.5% of the Continental European ...
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