(Bloomberg) -- European stocks climbed to the highest
since September 2000 as a rebound in metals prices buoyed mining
companies and economic reports in the U.S. suggested growth in
the world's biggest economy is picking up.
``We are still overweight on companies sensitive to economic
growth to reflect the dynamic environment around the world,''
said Thomas Steinemann, who oversees the equivalent of $33
billion as chief investment officer at Vontobel Asset Management
in Zurich, Switzerland. ``Demand for raw materials from countries
like China is here to stay.''
Read more at Bloomberg Stocks News
since September 2000 as a rebound in metals prices buoyed mining
companies and economic reports in the U.S. suggested growth in
the world's biggest economy is picking up.
``We are still overweight on companies sensitive to economic
growth to reflect the dynamic environment around the world,''
said Thomas Steinemann, who oversees the equivalent of $33
billion as chief investment officer at Vontobel Asset Management
in Zurich, Switzerland. ``Demand for raw materials from countries
like China is here to stay.''
Read more at Bloomberg Stocks News
No comments:
Post a Comment