Exchange-traded products now hold more than $2trn in AUM with product and structural changes largely driven from the more mature US market. The pace of that change, argues Hector McNeill, is about to quicken up and be led instead by Europe.
UK investors purchasing securities in countries that have signed up to the financial transaction tax (FTT) will be subject to the charge, despite the UK not having signed up.
Johan Jooste gives his earnings-based argument for why he thinks cyclicals is the way to play US equities for growth in 2013.
Mario Draghi may have saved the euro back in July but Derry Pickford argues that a sense of crisis still pervades European politics.
The compression in eurozone bond spreads since ECB president Draghi’s pledge last July to “do whatever it takes to preserve the euro” suggests the worst may be over, as faith builds that the ECB will play its part in staving off sovereign default risk.
Johan Jooste explains how he marries his short-term, high beta investment views over the short term with the longer-term pitfalls he sees in certain fixed income markets.
Sales of European equity funds soared by 20% in the fourth quarter of 2012, with investors looking to benefit from depressed prices, while property fund sales dropped 22% in the same quarter.
Henderson Global Investors has confirmed the departure of a trio of European equity managers, Paul Casson, Bill Stormont and Simon Savill
The past year has been a rollercoaster for Europe, with commentators spending the bulk of it fearing a Greek exit from the eurozone and a disorderly break-up of the single currency.
Jupiter intends to broaden the remit of its European Income Fund and allow it a global mandate, changing its management team in the process.
Rupert Watson expects the positive growth in Europe in the second half of this year to carry on through 2013 bosted by a return in confidence in the region.
As the US’ looming fiscal cliff starts to dominate sentiment and headlines, the crisis in Europe has fallen out of the spotlight but this doesn’t mean investors should rush back to the region.
