Janus Henderson's Beckett: Italy Won't Leave The EU

Italy won't leave either the European Union, or the euro, according to Janus Henderson's Ollie Beckett, who has geared up to take advantage of "mad" valuations

David Brenchley 22 November, 2018 | 2:05PM

Italian flag, Italian politics, Italy, Janus Henderson, European Union, Italexit

Italy is highly unlikely to leave either the European Union, or the euro currency, according to Janus Henderson’s Ollie Beckett. In fact, the Italian constitution makes such a scenario virtually impossible - but the fear of an Italexit is creating investment opportunities.

Italy’s “slightly strange coalition” government of populist parties from both the left, in Five-Star, and the right, in Lega Nord, has led to repeated clashes with the EU.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Banca Farmafactoring SpA4.57 EUR-1.08
Credito Emiliano3.82 EUR-0.13
FinecoBank SpA8.95 EUR4.68
Gaztransport et technigaz SA64.95 EUR-0.23
Indel B SpA12.45 EUR0.81
Nexans25.70 EUR1.58
TR European Growth Ord626.00 GBX-0.32
Van Lanschot Kempen NV11.34 EUR-1.56

About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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