The Big Theme 

Europe's ongoing recovery offers investment opportunities

Europe's ongoing recovery offers investment opportunities

After languishing in the doldrums for several years, European markets have been one of this year's surprise top performers, with the Euro Stoxx 50 index rising 23.5 per cent in the past year. After political risks earlier this year failed to materialise investors have become more optimistic about the continent's prospects. In September, European equity was the second best-selling fund sector, with net retail sales of £518m, according to the Investment Association (IA). And with economic growth picking up across the eurozone and unemployment at the lowest level since 2009, Europe's growth outlook looks more positive than for many years.

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