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News

Blackrock CEO Sees Increased Heavy Mutual Fund Demand in Europe

Jul 22, 2014

During an interview last week, Blackrock (BLK) CEO Larry Fink was quoted as seeing tremendous demand from European investors.

With the European Central Bank’s extraordinary easy policy, including the recently unveiled unprecedented negative deposit rates and near-zero interest rates, European investors realize there are few places to generate decent investment returns, hence the rise in taking on a bit of equity risk. It’s been two years since ECB president Mario Draghi vowed to do “whatever it takes” to save the currency. Since that time, stocks in Europe have risen over 50%, with the most beaten-up markets in Greece and Spain up nearly 100%.


How to Gain Exposure


Invesco European Growth Fund Class A (AEDAX) are up 77.68% over the last 5 years.

Columbia European Equity Fund Class A (AEXAX) are up 75.5% over the last 5 years.

Invesco European Small Company Fund Class A (ESMAX) are up 86.67% over the last five years.


The Bottom Line


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