Containing the crisis allows the euro area economies to heal over time, but this is a long and potentially painful process and potential setbacks remain, especially given the cluster of political event risks this year.
Over the three years to 2 April, 2013, FTSE World Europe ex UK Index returned +27.8% although during this period there were significant bouts of volatility at country level, across sectors, investment styles and within the funds in the peer group. By comparison, the FTSE All-World returned around 32.8% over the three years.
We take a look, with some help from Allfunds Bank’s Mark Hinton, at five European funds proving resilient against the backdrop, three ‘well-established’ and two ‘funds to watch’… are these the names you would go to?