Man GLG's Powe sticks to guns on luxury goods amid 'scarred' outlook for Europe

'Not optimistic' on prospects for European economy

Mike Sheen
clock • 3 min read

The coronavirus pandemic will "leave scars" on the European economy, which is unlikely to return to significant growth once the health and economic crisis subsides, according to manager of the £1.9bn AUM Man GLG - Continental European Growth fund Rory Powe, who has been adding to some of the fund's biggest positions in the continent’s largest brands in a greater focus on quality.

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