John William Olsen, manager of the M&G Global Growth and M&G Pan European funds, examines the buying opportunities for high-quality companies. It shows how quickly markets have corrected that we are now weighing up European equities as a buying opportunity. While we can understand the reasons behind the August sell-off and the accompanying increased volatility, much of the selling has been driven by exchange-traded funds (ETFs) and algorithm-based trading – this can become self-fulfilling and give the impression of panic selling in the market.
[Source: Investment Week – September 15, 2015 by John William Olsen]
