Graham Duce

“Issues around Europe continue to shape market risk sentiment as rising bond yields in the region caused another period of de-risking. Having reduced our equity exposure in this year’s initial market rally, the recent pull back created an opportunity to reduce our European equity underweight. Europe still faces massive issues but it has world class companies that may not be impacted by local concerns. These companies are now trading on discounted valuations. BlackRock European Dynamic is a highly active stock picking fund that has a proven track record in looking through market noise to find these global companies.”