Asset Management

Aberdeen, Polar Capital signal ‘turning point for Europe’ in wake of US tariffs

Investors echo recent comments from BlackRock CEO Larry Fink that Europe could emerge as a ‘better destination for capital’

Despite a global sell-off prompted by US tariffs, Germany’s main stock index has remained in positive territory
Despite a global sell-off prompted by US tariffs, Germany’s main stock index has remained in positive territory Photo: Florian Wiegand/Getty Images

City fund managers are bullish about potential investment opportunities in Europe following Donald Trump’s trade tariffs, echoing comments by BlackRock boss Larry Fink that the region could benefit from a re-allocation of capital from the US.

Fink told analysts following BlackRock’s quarterly earnings on 11 April that Europe could become a “better destination for capital”, as investors look to reduce allocations to US capital markets.

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