Shares set to deliver positive returns in next two-three years

ON EUROPE

JOHN BOTHAM, head of European equities at Aviva Investors on Europe

European equities are a compelling investment option over the longer term, although markets are likely to remain volatile during the next few months. Continental European equities may struggle over the next few months as uncertainty over the region’s economic prospects in the face of deep cuts in public sector spending keeps many potential investors sidelined. Recent market volatility has also been underpinned by concerns over mixed economic data coming out of the US and China and by ongoing fears about the financial health of several southern European economies. Given the relative...