European chickens come home to roost

Managers contemplate if the European equities sector can sustain the growth it has seen over the past three years

This week's Conjecture debate looks at European equities. Present were Raj Shant, investment leader of European equities for Newton Investment Management, Barry Norris, founding partner at Argonaut Capital Partners and Debbie Boys, associate director of fund research for Standard & Poor's. Is the level of outperformance seen over the past three years sustainable? Raj Shant (RS): I think the best of the outperformance for European equities is past but I would still expect Europe to outperform against other developed markets. The US has over-consumed, spending huge amounts of unearned i...