euro

Smith & Williamson has added euro and dollar share classes to its popular Short-Dated Corporate Bond fund.

The pound has fallen to a five month low against the euro amid a rising claimant count and falling consumer confidence.

Joseph Stiglitz, former respected chief economist of the World Bank and Nobel Prize winner, warns the future of the euro is "looking bleak".

UBS' Paul Fairbrother believes European banks could see their share prices double in the next few years as stocks recover from their depressed valuations.

F&C has seen pre-tax profits double for the first half of the year, though it suffered a £2.5bn drop in assets under management.

Sterling hit a seven-week low against the euro yesterday as the single currency shrugged off Ireland's ratings downgrade and continued concerns on Hungary.

GERMANY TO EXIT EURO

Investec Asset Management, which runs $5.3bn in active currency funds, has warned the dollar could face a sharp correction this year due to reluctance in the US to embrace fiscal tightening.

Henderson European equity specialist Richard Pease explains why investors should avoid the noise and focus on the attractive opportunities available on the continent.

Europe - a great way to access emerging markets