European natural resources shares top performance chart
Natural resources shares were the top performing sector in Europe by some distance during April, according to Euromoney Indices.
Natural resources shares were the top performing sector in Europe by some distance during April, according to Euromoney Indices.
UK equity funds saw their largest ever net retail outflow in March, the Investment Association said on Thursday, as investors’ preference for continental Europe continued to grow apace.
European fund selectors are increasingly allowing for the possibility that Greece will leave the Eurozone. How markets will react to a Grexit is another question though.
The numerous headwinds that could easily buffet the European ex-UK sector during the next 12 months make the recovery seem fragile. But all is not lost.
Greek ministers will this week present a list of reforms in an effort to appease the countrys creditors and release aid, a reminder that while the eurozone story has moved on fundamental concerns remain.
The FTSE 100 index has fallen sharply this morning as investors fretted over the implications of a rebound in the price of crude oil and the lack of progress in Greeces talks with its creditors.
Many see the eurozone as the recovery story of the next few years. At the time of writing, data from provider EPFR shows $35.6 billion has flowed into European equity funds so far this year. However, we believe there is more chance of disappointment in the medium-to-long-term, as structural problems continue to dog the continent.
Bond yields are going to get progressively tighter as liquidity from ECB QE trickles down through sovereign and corporate debt markets, says TwentyFour Asset Managements Gary Kirk.
European equities markets have seen a sharp fall and steep climb back this morning as time runs out for Greece to strike a deal on its debt obligations.
The threat of a far left victory in the snap Greece election on 25 January has sent the FTSE 100 downwards as 2015 trading begins in earnest.
There is still a strong argument for Greece leaving the eurozone despite the recent agreement to ease the country’s bailout terms, experts at Threadneedle argue.
The Eurogroup of eurozone finance ministers has eased the bailout terms applied to Greece in the latest move to safeguard the 17-nation currency bloc against breakup.