Euro-vision

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Professional Adviser
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For those investors who ignored the warnings against Europe's stockmarkets, the past few years will have proved both rewarding and lucrative. Cherry Reynard outlines where the best value has been found and if the markets can exhibit sustainable growth in the future

European stockmarkets have belied the unpromising economic outlook. For the best stockpickers, Europe has provided a fertile hunting ground with its choice of top global companies and successful smaller companies. But can the markets retain their momentum? On the plus side, the macroeconomic outlook is starting to pick up. On the downside, this has not always been a help to stockmarkets and valuations are now comparable with those of the UK. Where are fund managers seeing the best value? It has certainly been a fruitful few years for those invested in European stock markets. The average E...

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