The European equity market demonstrated its resilience in February, notching up gains despite the distractions of a change of prime minister in Italy, turmoil in Ukraine, and a largely underwhelming earnings season. There is ample scope for further share price gains to come as the eurozone recovery gains traction and corporate earnings are poised to show improvement.
The eurozone registered a stronger pace of GDP growth in the fourth quarter of 2013, indicating that the nascent recovery is gaining traction.
After a period of relative calm, political turmoil has once again reared its head in the eurozone.
Dombret recently spoke at a Schroders seminar on the European debt crisis, where he shared his insights into the structural reforms that are necessary to achieve an enduring and successful monetary union.