Fidelity's Morse: How I navigated five turbulent years for Europe

New powers for the trust

As he celebrates five years at the helm of the Fidelity European Values trust, Fidelity's Sam Morse discusses the highs and lows since he took control.

Fidelity's Sam Morse faced a baptism of fire after taking the reins of the European Values trust at the start of 2011. Europe was already deeply out of favour with investors and worse was to come as the eurozone debt crisis unfolded, calling into question the very future of the currency bloc. However, five years later the situation has turned around. Investors have ploughed back into European strategies as the ECB's substantial QE programme provides support for asset prices, and the future looks brighter for some of the beleaguered peripheral countries.   Morse, who also runs Fidelity...