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...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes