The lower percentage of European stocks setting new 252-day highs suggests the region's markets are teetering on the edge of a correction, explains Artemis European manager Mark Page.
GLG has hired veteran European fund manager Rory Powe as it moves to expand its product range with a European long-only fund.
Spain is still a risk-on play, but its restructured banking sector provide a good way to play the recovery, explains Mirabaud's Antonio Hormigos.
Niall Gallagher, the manager of the GAM Star Continental European Equity fund, has been buying businesses exposed to the recovery in the European periphery as he seeks to maintain his fund's impressive track record.
Leon Howard-Spink is to hand over his £1bn European Alpha Plus fund next month to focus on running pan-European portfolios, Investment Week can reveal.
Artemis is planning to launch a UCITS version of Tim Steer and Paul Casson's Pan European Hedge fund strategy later this year.