The rise of extremist politics ahead of parliamentary elections in France, Germany, Holland and Norway among others; the continuation of QE against increasing questions over its success; the return of Greece’s inability to repay its debt.
Brexit is not the only concern for anyone doing business with, or investing directly in companies based on the continent.
One consistent constituent in all of this is the single currency, and the euro’s relative strength against sterling in particular for Portfolio Adviser readers.
So how important is the currency conundrum for fund managers? How much do they consider, if at all, the sources of the earnings of the companies they invest in?
Let’s ask them…
