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European funds expected to perform well in 2001

Fund managers say European funds are set to perform strongly this year according to a survey from the investment fund service Keydata.

Fund managers from HSBC, Invesco, Investec, Old Mutual and Threadneedle say with the slowdown in the US economy many investors are now turning their attention to Europe as a safe haven.

Investec European Portfolio Trust manager Albert Mortillo says: “Europe has got a very good chance of being the market of the first decade of the new millennium just like Japan was in the 1980s and the US was in the 1990s.”

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Fund managers see Europe as safe haven

Fund managers say European funds are set to perform strongly this year according to a survey from the investment fund service Keydata. Fund managers from HSBC, Invesco, Investec, Old Mutual and Threadneedle say with the slowdown in the US economy many investors are now turning their attention to Europe as a safe haven. They say […]

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