European funds present interesting opportunities

Europe will offer among the best investment opportunities in 2005, Richard Philbin, director fund of...

Europe will offer among the best investment opportunities in 2005, Richard Philbin, director fund of funds at F&C, believes. With a solid overweight in the region, Philbin says a variety of conditions have led him to continue to favour European funds in 2005. "We currently like Europe and think there are great opportunities there at the moment," says Philbin. "The strong euro will help the region, which will also benefit from the growth of many Eastern European countries. "Europe has some first-rate global leaders in terms of companies and a large number of stocks, which makes the b...