Why Europe is on its way back

ON EUROPE

clock

Banks and media stocks have caught the eye of T. Rowe Price's European manager Dean Tenerelli.

Despite market weakness early in the year, the European macroeconomic picture is beginning to improve. European economies troughed somewhere during the second quarter of 2013 and leading economic indicators as well as actual economic data are pointing toward an improving macroeconomic picture. Banks and media Investment opportunities in Europe reflect much of the corporate restructuring that has taken place. There has also been a lot of consolidation, particularly within the banking sector. In Spain, for example, there were about 60 regional banks prior to the crisis; now there a...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

FundCalibre's Schooling Latter: The shifting sentiment in Europe

FundCalibre's Schooling Latter: The shifting sentiment in Europe

Portfolio picks

Juliet Schooling Latter
clock 27 March 2024 • 4 min read
Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Timing of ECB rate cuts in doubt as core eurozone inflation measure disappoints

Services price inflation remains sticky

Valeria Martinez
clock 01 February 2024 • 1 min read
Eurozone inflation rises to 2.9%

Eurozone inflation rises to 2.9%

Driven by energy prices

Elliot Gulliver-Needham
clock 05 January 2024 • 1 min read
Trustpilot