European equity markets have rebounded strongly since hitting lows in early March as the economy has recovered more rapidly than forecast and financial markets have begun return to some sense of normality as the credit crisis has eased.
European equity markets are currently trading on 12x earnings and remain attractive compared to global equity markets.
The perception is the European Central Bank has been an outstanding laggard in its policy responses, that it lacks a clear mandate, and has too many people (22) sitting on its governing board to be aggressive.
Strengthening global money supply and increasing activity are positive signs but real economic risks persist warns Henderson's Simon Ward.
Global Bond managers nominated in last year's Fund Manager of the Year Awards continue to outperform despite tough sector conditions
The European Central Bank has opted for a quarter-point rise in interest rates to 4.25%. The move,...
The European basic consumer goods sector could struggle following the ECB interest rates rise this w...