INVESCO PERPETUAL EUROPEAN EQUITY INCOME FUND
KEY FACTS ABOUT INVESCO PERPETUAL EUROPEAN EQUITY INCOME FUND
Dividends are an important part of corporate culture in Europe
This fund has a 3 per cent historic yield
WELLINGTON STRATEGIC EUROPEAN FUND
KEY FACTS ABOUT WELLINGTON STRATEGIC EUROPEAN FUND
Invests in 61 companies
Buys shares in 15 countries
Has a chunk invested in the
As the European Central Bank has started a quantitative easing programme, government bond yields across Europe remain at depressed levels. As a result, yield hungry investors have been forced to search for alternative sources of return, and have had to move up the risk spectrum from government bonds into other assets. A big beneficiary of this shift has been high quality, dividend paying equities.
BLACKROCK CONTINENTAL EUROPEAN FUND
KEY FACTS ABOUT THE BLACKROCK CONTINENTAL EUROPEAN FUND
The UK is not included in this fund
France, Switzerland and Germany are the main countries of investment
The fund I would pick for accessing European equities right now is the BlackRock Continental European fund, which we have given an elite rating. The manager, Vincent Devlin, has a sophisticated bottom-up research process which identifies potential investee companies and, unlike many other managers, macroeconomic themes play an important role in his stock selection. After European QE began at the beginning of March, the market bounced back and this fund was the biggest beneficiary among all of our favourite Europe funds. The fund group, BlackRock, has one of the best and most extensive teams of analysts focused on the region, and this has enabled Vincent to develop a rigorous analytical process. Because of this the fund has achieved some strong performance figures. The strength of the team at BlackRock, combined with the skill of the manager, make this a strong proposition for investors wanting exposure to European equities.