Europe

HSBC Global Asset Management is to launch a Ucits III European absolute return fund next month.

When trying to gauge the outlook for the equity market, we look at corporate profits and the discount rate applied by investors to those profits.

Argonaut Capital is set to roll out its European Enhanced Income fund, the UK market's first onshore fund utilising a covered-call strategy on overseas equities.

MEP Godfrey Bloom says unless tough action is taken the eurozone is doomed.

In a St Patrick's Day special, Gartmore's Gervais Williams says despite the decline of the Irish economy, things are starting to look more positive.

Investment Week Conjecture

After a return of more than 20% sterling terms in 2009, European equity market valuation is back to more normal levels at 12x forward earnings, but still attractive on historical terms with a 4% expected dividend yield.

CEO's baseline scenario is muted economic growth with muddled policy response

Neptune's Rob Burnett has built up a 10% cash weighting in his European Opportunities fund and is continuing to position defensively in response to the region's recent economic concerns.

For many, high yield is nothing more than a niche investment. However, last year's impressive returns and increased issuance is bringing the attractions of this asset class to a much wider audience.