Interest in European stocks hits 6-year high

Confidence in the eurozone economy is continuing to pick up pace, with investors’ bullishness towards European stocks reaching a six-year high, according to latest research.

The September edition of the fund manager survey from Bank of America/Merrill Lynch shows that investors intend to maintain money flows into Europe; a net 27 of investors saying that the eurozone is the region they would most like to “overweight” in the coming 12 months.

Global investment in eurozone- based equities is now back to pre-financial crisis levels, reaching their highest levels since May 2007.