The Invesco Perpetual European Equity Fund aims to achieve capital growth in Continental Europe. The fund intends to invest primarily in shares in companies in Continental Europe, although it may include other European related investments.
European equities ended the period at their lowest level since January 2005, as the severity of the banking crisis heightened further at the end of one of the most turbulent months in financial market history. Governments and central banks across Europe and in the US have found themselves bailing out banks, shoring up depositors' confidence in their savings accounts and pumping liquidity into the financial system, as the fallout from the financial crisis continued to spread across the globe.Away from the financial crisis, investor sentiment remained fragile as weak corporate newsflow offered little support to equity markets. Macroeconomic data also continued to weaken as eurozone business surveys for September turned sharply lower, signalling a further downgrading of companies' growth expectations, although inflation does appear to have peaked.
200.13p
