David Walton, manager of the Marlborough European Multi-Cap fund, has said Europe is only just recovering from the 2008-09 global financial crisis and believes the region has scope to continue its moderate growth.
Speaking to Investment Week, Walton pointed to Italy and Spain as countries where business confidence and activity had only very recently started to return. The manager said: "We still see good opportunities...
Four potential outcomes
Industry members abseil down Broadgate Tower
Changes made on 14 September
Hired as portfolio manager in global equity income team
'Three cycles are colliding'