Opportunity in Europe?

April 27, 2015

European economic figures are now showing small but consistent improvement in economic growth. Industrial production is rising more strongly than expected, unemployment is at three year lows and economic confidence surveys now show the best figures in recent years. The European Central Bank (ECB) has commenced its massive debt security purchasing program and this combined with a weaker Euro and cheaper energy prices is stoking investor interest again.Morgan Wealth Logo

Greek sovereign debt concerns remain but solid gains have been achieved by the Dow Jones Industrial index and Japan’s Nikkei index since the introduction of similar quantitative easing into their domestic economies. Investors will be closely scrutinizing upcoming economic statistics to ascertain whether Europe can replicate an increase in asset prices seen elsewhere.

Our Top Recommendations
Total returns on capital growth and dividends for 12 months ended 30 November 2018
Afterpay Touch
188.40%
Altium Limited
74.43%
Resmed Inc
34.69%
CSL Limited
25.35%
Macquarie Group
21.93%
Atlas Arteria
13.58%
ASX200 Accum Index (comparison)
-0.96%