European housing prices to stabilise: report
Norway, Sweden, and Switzerland’s housing prices will stabilise this year despite corrections, though it is too early to call an end to Europe’s housing boom as residential construction still lags demographic factors in most of the region’s cities, according to Scope Investor Services.
Lack of EU unity ‘drags on European equities appeal’
In response to the eurozone’s first quarter drop in growth and the European Union’s discord over how to handle migration a German fund selector has reduced European equity fund allocations.
Multi-asset boutique increases European exposure
Boutique London-based asset manager Kestrel Investment Partners is increasing exposure to Europe’s financial, telecom and pharmaceutical sectors on the back of the European Central Bank’s quantitative easing (QE) decision.
Selectors missed US equities opportunity amid volatility
European fund selectors have been overwhelmingly bullish on absolute return strategy funds as a response to market volatility – but they could have made more returns if they took the risky option of US equities.
Politics and inflation fears wipe out 2018 European equity returns
European equity funds have lost all of their gains since the beginning of the year as inflation fears and political uncertainty have dominated headlines with the sector average returning virtually 0% over the first five months.
JP Morgan: For dividends in Europe, seek cyclical stocks
Rising interest rates and inflation have shifted the dividend opportunity to the financial and energy sector rather than traditional defensive stocks, said Thomas Buckingham, London-based portfolio manager at JP Morgan Asset Management.