Ten global funds riding the European equity rally

European equities have shot to the top of investors' list of priorities since the start of the year, but which global funds have positioned themselves to ride the rally?

Last year may have been all about global managers struggling to keep up with a booming US stock market, but 2015 so far has been a different story. In sterling terms, the MSCI Europe returned 8.8% in the first three months of the year, compared with a 5.8% rise for the S&P 500. The European Central Bank's long-awaited quantitative easing programme has helped restore confidence in the region's equity markets, although many investors continue to prefer the diversified exposure of a global portfolio. Those global funds with higher European equity weightings have lagged peers in recent...