Should Investors in European Equities Be Worried About Italy?

Italy's government is shaking up local politics - but should shareholders be concerned about some of their more anti-EU policies?

Cyrique Bourbon 30 November, 2018 | 2:04PM

 

 

Cyrique Bourbon: European markets this year have been quite concerned about potential impact of the situation in Italy for markets. I think it's important to differentiate between, on the one hand, the political backdrop with more of a populist tilt to it as per the recent election; the economy, which has been doing definitely below what most other European countries have done in the last 15, 20 years. But there are signs of improvement there in terms of better competitiveness from Italy in general, where the country rises in productivity, that are positive and encouraging for the future coupled with some of the structural reforms that are starting to be enacting by the previous government.

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About Author

Cyrique Bourbon  is multi-asset portfolio manager for Morningstar Investment Management EMEA

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