The Italian Stock Market, as measured by the FTSE MIB, was the most profitable in Europe year-to-date after managing a 14.54% appreciation by the end of July. The next best return from a European mainstream index was the 14.16% achieved by Spain’s Ibex 35. Explanations put forward for the Italian index’s performance include the recovery […]
We believe there is a strong case for European equities this year as they will benefit from positive triggers and support, says Fabrizio Quirighetti, head of macro-economic research and Chief Economist at SYZ Asset Management and manager of the OYSTER European Fixed Income Fund and OYSTER USD Bonds funds.
The virtues of simplicity, transparency and low cost are attracting Italian investors to ETFs, a sector that is benefiting from a trend towards fee-based transactions among financial advisers, wealth managers and private banks.