Region will outperform on back of low growth expectations

ON EUROPE

JOHCM's Paul Wild explains why 2011 will be a calmer year for European investors.

After last year’s bumpy ride, European equities investors will be hoping for a calmer 2011. And there are good reasons their wish for a quieter life may be fulfilled. Peripheral risk was the dominant story within Europe over the previous 12 months. But it should not define the economic narrative of the region this year. There seems to have been a long overdue realisation on the part of Europe’s political and financial decision-makers that they must play a more active part in calming the market’s jitters over peripheral eurozone liquidity. The European Financial Stability Facility will mo...