european equities

Since the end of 2007, European equities have underperformed US equities by 63% on a real total return basis (in local currency terms).

Hung parliament most likely result

Issues in the campaign included relationship with the EU

Asymmetric risk for UK

European equity markets remain attractive to us. The combination of a solid macroeconomic backdrop outside the region and a strong recovery domestically has helped propel earnings higher.

Country goes to polls on 4 March

Underweight European equities

Under-researched area

Managed by Glasse and Garsten

Managed by Andrew Koch