At a time of rising political risk, the best high-quality growth stocks are likely to outperform, writes Allianz GI's Marcus Morris-Eyton.
Europe has no shortage of looming political crises. If the upcoming Brexit negotiations and beleaguered Italian banks were not enough to worry about, Greece's Syriza government is once more struggling to agree a deal with its creditors. What's more, upsets in this year's French, German and Dutch elections could strike at the heart of the eurozone status quo. Viewed from afar, this high level of political risk appears to tarnish the appeal of all European equity investments with the same brush. This is despite the fact markets in 2016 surprised several times by illustrating just how l...
To continue reading this article...
Join Investment Week for free
Signup and gain exclusive members-only insights - all free of charge!
- Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
- Get ahead of regulatory and technological changes affecting fund management
- Important and breaking news stories selected by the editors delivered straight to your inbox each day
- Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
- Be the first to hear about our extensive events schedule and awards programmes
