fund manager interview phayre mudge

Marcus Phayre-Mudge, head of property equities at F&C Investments explains why he is still uncomfortable investing in peripheral Europe

fund manager interview phayre mudge

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However, he is bullish on other European markets – German residential, Swedish retail and Parisian offices – where can see real GDP growth coming through that is feeding into wage inflation, and greater levels of employment. Meanwhile, with few signs of new construction in these areas is forcing rents up.