Invesco's Bignell on how to get the best out of troubled Europe

Invesco Perpetual's Adrian Bignell has revealed there are a number of firms in Europe cleaning up in share price terms, despite the headwinds facing the region.

While Europe remains decidedly unloved, equity markets have delivered some very strong returns throughout 2012 to date. Bignell said monetary and political authorities have begun to come to grips with the financial crisis in the eurozone and to address the systemic weaknesses of the single currency, helping to lift shares. "Action has been taken to support the banking system and sovereign bond markets. There has also been progress in establishing the ECB as a credible lender of last resort, and peripheral countries have been pushing ahead with labour market and economic reforms," he s...