Anthony Conroy is Associate Director of European Equities at Zurich Life where he manages European equities for a number of funds including the International Equity Fund, which is €1.1bn in size. Conroy explains that the fund is actively managed and aims to maximise growth through capital gains and income from a portfolio of international equities.
According to Conroy, the global economy and corporate profits are in an expansionary phase which should act as a tailwind for equities. "Equities are not cheap versus their own history", he says "but they are relatively more attractive than holding bonds and cash."
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