News
CNBC Quotes John Apruzzese on European Stocks
April 9, 2015
Some European markets, notably Germany, are increasingly attractive, Evercore Wealth Management CIO John Apruzzese told CNBC.
At the same time, investors are less concerned about some of its weaker countries, like Greece. “Even if Greece gets kicked out of the euro zone, the general feeling is that it’s not going to cause a major crisis for all of Europe the way it would have a few years ago,” he said. “It’s not a serious issue.”
About $11 billion has flowing into European dividend funds year-to-date, versus about $7 billion for all of 2014, according to EPFR Global, a company that tracks global fund inflows and outflows.