Europe

SVM's managing director Colin McLean has boosted his funds' exposure to gold companies by about 2% this month, trimming European financials and basic resource stocks to finance the switch.

Gartmore head of multi-management Tony Lanning has added the BlackRock European Dynamic fund to his portfolios, reducing his long-term underweight in the region.

The European corporate credit market is returning to pre-crisis levels, despite the concern surrounding sovereign debt markets in the region, according to Steven Blakey, the CEO at London-based European Credit Management (ECM).

EUROPE

VIEW FROM THE BRIDGE

Billionaire investor George Soros says Germany is the "main protagonist" in the euro's crisis.

Lombard St Research has expressed concerns Spain may have to leave the euro if it does not take drastic steps to improve its public finances.

Europe ex UK sector sees outflow of £126m as retail investors turn away from region

EUROPEAN EQUITIES

Sarasin managing partner Guy Monson has been orientating to take advantage of the weakening euro in his global multi-asset fund.