Ollie Beckett, fund manager for TR European Growth Trust, explains why he believes European smaller companies are performing well; Ollie believes this is due to renewed investor confidence as economic data points towards a stabilisation and a positive start to 2020. Ollie also discusses the latest portfolio activity and which stocks have performed exceptionally well.
Gearing: A measure of a company’s leverage that shows how far its operations are funded by lenders versus shareholders.
Purchasing Managers Index (PMI): an index of the prevailing direction of economic trends in the manufacturing and service sectors.
Money supply data: the entire stock of currency and other liquid instruments circulating in a country’s economy as of a particular time.
These are the views of the author at the time of publication and may differ from the views of other individuals/teams at Janus Henderson Investors. Any securities, funds, sectors and indices mentioned within this article do not constitute or form part of any offer or solicitation to buy or sell them.
Past performance is not a guide to future performance. The value of an investment and the income from it can fall as well as rise and you may not get back the amount originally invested.
The information in this article does not qualify as an investment recommendation.