Guy is cautious on European equities

clock

Manager runs low gross exposure in European Absolute Return but sees signs of optimism in financials

One year on from the launch of his European Absolute Return fund, Gartmore’s Roger Guy is cautious on the outlook for the region’s equity markets. While he is currently running a low gross exposure in the portfolio, Guy sees signs for optimism from the growing health of the banking sector to the ongoing opportunities China growth presents to exporters. How has the European AR fund done in its first year? We had a satisfactory first year of trading on the fund. It was up round about 10% net, which is pretty much broadly what we aim for in all market conditions. We try and achieve a so...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Europe

MainStreet Partners' Daniele Cat Berro: Europe's good intentions and poor execution

MainStreet Partners' Daniele Cat Berro: Europe's good intentions and poor execution

'Chronic slowness' undermining efforts

Daniele Cat Berro
clock 03 July 2025 • 4 min read
Eurozone inflation rises to 2% in June

Eurozone inflation rises to 2% in June

Up from 1.9% in May

Sorin Dojan
clock 01 July 2025 • 2 min read
Disinflation drives ECB rate cut but investors warn of limited space for further trims

Disinflation drives ECB rate cut but investors warn of limited space for further trims

25bps cut

Sorin Dojan
clock 05 June 2025 • 2 min read
Trustpilot