European fund investors increase financials appetite

clock • 2 min read

There are signs of a return in appetite for financials among Europe's fund investors, with inflows and assets under management on the increase, according to fund research outlet Cerulli. Investment performance in the financial sector lagged the wider recovery story seen in markets last year following the outbreak of coviv-19, notes Cerulli. Economies being put on pause for long spells was bad news for most companies operating in the sector. The MSCI Europe Financials Index was down 15.6% in 2020, whereas the wider MSCI Europe saw a 5.9% gain. However, trading activity in the former gaine...

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Gary Robinson

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