Despite the region’s economic woes, recovering European markets have been a popular choice for wealth managers over the past couple of years, and investors have largely been rewarded.
The state of the eurozone, particularly peripheral Europe, remains a big concern though, with some believing another crisis is unavoidable.
Fund selectors face a tough choice in picking between the numerous funds in Europe, and given its size it’s no surprise that managers can take very different approaches, whether that is to focus solely on large-cap multinationals or look towards undervalued opportunities in the south.
For this week’s comparison, Anna Haugaard, fund analyst at Brewin Dolphin, looks at two of the largest funds in the sector, the £973m Henderson European Growth Fund, run by Richard Pease since 2001, and £2.1bn Threadneedle European Select, which has been helmed by David Dudding since 2008.
Click here to see our comparison of performance, the fund managers and charges, and see which fund Haugaard recommends.
