The last few decades have
seen a steady increase in the value of equities but the recent economic downturn and the
dotcom crash put the brakes on the most sustained bull run ever.
This downturn does not spell
the end of the fledgling European equity market though. A number of factors contribute to
the potential for hugely increased activity in European equities once investor confidence
returns. Perhaps the most dramatic of these is the advent of the Euro, which promises to
render national market boundaries irrelevant and see the growth of the new pan-European
markets. In addition, creaking state pension schemes are likely to prove inadequate and
equities are widely tipped as the key asset class in generating retirement income.
European Equity Investor is
the first broadly-sourced introduction to the idea of pan-European equity markets and its
future development, including how stocks are traded on European markets, an overview of
the key companies, the pitfalls of buying and selling in Europe, the forces driving the
increasing development of equity culture. It doesn't just tell you how to buy and sell
shares - it tells you why you should be interested in looking beyond geographic borders.
European Equity Investor is
an enlightening guide to the pan-European stock market, telling readers why investors will
increasingly have to look beyond domestic borders and equipping you to trade equities
across international boundaries.
[ Contents ]
- Introduction
- United
Kingdom
- Germany
- France
- Benelux
- Switzerland
- Scandanavia
- Italy,
Spain and Portugal
- Pan-European
Investing
- Conclusion
- a Steep Learning Curve
- Bibliography
- Glossary
of Terms
Huw Jones has written about
markets for seven years as a correspondent for Reuters. He covered Wall Street during the
bull market in the 1990s, and the development of a pan-European stock market after the
launch of the euro in 1999. Educated at Manchester University and the Paris Institute of
Political Studies, he worked on local newspapers and journals before joining Reuters in
New York in 1995. He lives in London.
Jonathan Eley first wrote
about equities as a reporter and editor with the AFX News group in the Far East, where he
covered the Asian Crisis and its aftermath before moving back to the UK. For the past two
years, he has written for the leading investment magazine, Investors Chronicle. He studied
modern languages at Aston University, and wrote for trade journals in the UK and US before
moving into equity market reporting. He lives in London with his wife and daughter.