Time to Consider Europe?
11 June 2010
Tom did some analysis for clients recently (see below) that came about when we found interest in the Eurostoxx (SX5E) to be lukewarm. Though this analysis looked at the global basket relative to the FTSE World, the same analysis found the correlation between the SX5E and the FTSE Eurofirst 300 to be equally high. In the last few weeks we have been contacted about structuring ideas based on European equities. A more specific views has also emerged, namely hedging the Euro and going long the DAX.
Andy
