Investors put their money where their mouth is
European investors did in April what could, or perhaps even should, be expected from them: they sold US equities and bought the assets they said they would.
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European investors did in April what could, or perhaps even should, be expected from them: they sold US equities and bought the assets they said they would.
Edinburgh-headquartered Standard Life is expected to choose Dublin as the centre for its European Union operations after the UK government completes the two years of Brexit negotiations.
European equity funds again top investors’ wish lists. Appetite for US equities, however, has vanished as quickly as it surfaced in the wake of Trump’s election victory. Demand for high-yield bonds also declining.
US equity ETFs saw net outflows of €1.3bn in April, in a sharp reversal from the previous month when it was the best-selling asset class overall, Lipper reported. European equity ETFs, by contrast, enjoyed huge inflows on the back of macro(n)economic optimism.
Three years after launch, the New Capital Swiss Select Equity Fund is five-star Morningstar rated and has produced an annualised return of 14.19% since inception. How does the Fund’s hidden gem, Airopack, contribute to its performance?
Fund buyers in Luxembourg are reducing exposure to expensive US equities and are increasing their allocation to Europe. They have a preference for index trackers.
Investors in Denmark are almost universally bullish about European equities. Though sentiment towards US equities is considerably less buoyant, a market correction isn’t thought to be an imminent threat.
The fact that the Euro Stoxx 50 index recorded its largest one-day gain since July 2012 on Monday suggests the importance for investors of Emmanuel Macron’s victory in the first round of the French presidential elections can hardly be overestimated.
The March eurozone inflation figure decelerated to its lowest rate in three months as the euro lost further ground against the pound on Wednesday (19 April).
During the week Theresa May formally triggered the start of the process that will take the UK out of the European Union, UK equity sentiment hit another record low. Return expectations for US equities also fell into negative territory.
In a speech to fund selectors, Guy Verhofstadt describes Europe as a continent under attack. To counter the multiple threats it is facing, the European Parliament’s chief Brexit negotiator argues the European Union should live up to its name…
Economics will trump politics as the main driving factor for equities this year, Finland’s fund buyers believe. And European equities are the place to be.