Europe

With banks offloading assets and the Spanish stock market on the up over the past 18 months, some see now as a good time to invest in one of the biggest losers of the eurozone crisis.

Investors are taking profits on European equities due to concerns about the impact of ‘hot money' flows, poor earnings growth, and the strength of the euro.

EUROPE

European equity fund manager Michael Clements and a member of his team are to leave Franklin Templeton.

Dividing Europe in to 'core' and 'peripheral' markets is an old debate, and now it makes more sense to distinguish between growth and no growth markets, explains Johan Jooste, UK chief investment officer at Julius Baer.

The percentage of stocks borrowed by short sellers has fallen to the lowest level since before the financial crisis, as markets continue to rally.

Legg Mason has wound up its £7m Continental European Equity fund following a run of poor performance, as it continues with the restructure of its US business.

Fidelity Worldwide Investment is to change manager on its £432m European Opportunities fund later this year, bringing in a manager who has been running offshore mandates.

SW Mitchell Capital's Stuart Mitchell, manager of the SWMC European fund, highlights three investment themes he noted following meetings with management teams at European companies.

CF Ruffer Equity & General