Italy

Firm has €374bn in AUM

Sam Morse, manager of the Fidelity European Values trust, examines the tailwinds for his favourite banking stocks.

Simon Cordery, head of investor relations and business development, investment trusts at F&C Investments, explores the extent to which market sentiment can affect trusts.

Fund managers have backed Italian banks to continue driving European equities higher this year, aided by a more supportive macro backdrop and beneficial domestic reforms.

Rob Burnett's decision to retain a contrarian position to peripheral banks in his Neptune European Opportunities fund has dragged on performance in recent years.

ITALIAN DEBT

Can Renzi save Italy?

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