Fund selectors dip their toes back into European equities but caution EU foundations remain under 'serious threat'
Several crucial elections
Managers have expressed caution ahead of upcoming elections in the Netherlands, France and Germany (contested by Geert Wilders, Marine Le Pen and Angela Merkel respectively)
Wealth managers have started increasing their European equity exposure on the back of improving economic data and attractive valuations, but are taking a cautious approach ahead of several crucial elections this year.
After a long period of bearishness towards Europe, many investors are reassessing their stance after the trading bloc reported faster year-on-year GDP growth than the US in the final quarter of 2016, and...
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