European equities win favour with US fund managers

Portfolio managers in the United States may not have bought European equities this week in the wake of Greece’s political turmoil, but they are surely considering when and how to take advantage of recent market corrections. A number of managers AsianInvestor spoke to in Boston and New York said across asset classes, European equities are probably the most attractive. In contrast, US equities are no longer attractive. Europe remains the only broad geography in which there is some…