Despite being among the best performing sectors of the past year, many asset allocators have been underweight Europe or had no exposure at all until very recently.
And it is easy to see why. The eurozone debt crisis has rumbled on, with many southern European nations nearing default or appealing to the ECB and IMF for bailouts. However, there was a turning point...
According to analysis from Trendrating
Follows disappointing earnings
May miss Williams & Glyn sell-off deadline
High level data analysis can provide useful flags, but the real challenge is to understand the dynamics and key economic factors to create a much more detailed picture of whether GEMS (or any asset class) offer good value.
AGM held earlier today