European Equities: The great equity rebalancing act
To many participants in the European equity markets, the recent fuss about which index will eventually become the benchmark for investors in the eurozone is as baffling as it is frustrating. “To me it’s simple,” says Mark Harvey, director at Credit Suisse Financial Products. “An index is either broad or narrow. It either covers just the eurozone, or it adds in the Emu-out countries like the UK. And those are about the only differences that matter.
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