Latest research from BofAML
'Significant eurozone reform' on the cards
If you had not been paying attention to financial markets for quite a few years and then – from this position of naivety – had looked at the eurozone, your likely conclusion would be that the region's equity bourses were offering tremendous value.
Fed moves, polarised politics and a "tech cold war"
Investors should lower exposure to Europe
Brussels still making changes
‘Above all, MiFID rules put client needs first’
Original proposals would lead to over optimistic outcomes
Previously 22 November
Parliament to debate directive next week
Successful motion passed in EU last week
Concerns over projection of future performance
Central European economies are beginning to show signs of growth, despite the Russia-Ukraine conflict showing no sign of easing in the near future, writes Franklin Templeton's Mark Mobius.
THE BIG QUESTION
Jupiter European Income manager avoids financials and takes overall cautious stance, believing Greece story could contaminate other eurozone economies
Chris Rice has moved his Cazenove European fund to an overweight in media, technology and business services ahead of an expected surge in capital expenditure that will benefit the sectors.
Invesco Perpetual has renamed its £1.21bn International Equity product as the Global Equity fund in a bid to bring improved clarity and consistency for investors.
Fund managers generated record net inflows in 2009, driven by strong investor demand for emerging markets.
The European Commission has published its draft directive on Alternative Investment Fund Managers (AIFM directive).