Europe

Sarasin's Mark Whitehead has increased his fund's long equity exposure from 40% to 60% since July, attracted by low valuations and a strong Q2 reporting season.

LV= Asset Management is launching a hedged share class for its European ex-UK Growth fund, to minimise currency risk for investors.

Pimco's Ketish Pothalingam says increased M&A activity could end this year's sterling bond issuance drought.

ON EUROPE

SVM's Hugh Cuthbert has more than doubled his exposure to banks in his Continental European fund this year as the sector has proved resilient in the face of regulatory threats.

Baillie Gifford's Gerald Smith has sold his stake in the group's Pacific fund, preferring to invest directly in China.

TIP OF THE WEEK

EUROPE

OBSR on Europe

SECTOR ANALYSIS