P526 Teletext 526 Jan 0 00:11:03    ———————————————  —————————  THE EURO INVESTOR PEP managers and insurance companies are likely to become increasingly interested in Europe with the birth of the euro. European companies such as Allianz, Mannesmann, Ahold or ING — as yet unfamiliar to many of us — are bound to become household n—les in the months and years to come. Will the growth in European investment funds prove too tempting to resist? ——————————————————————————————————1'8—— by Nick Hudson Download and Analyse Share Prices on Your PC See p533-537 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:10:30    ——————————————— (,/% —————————  THE EURO INVESTOR PEP managers and insurance companies are liC—ly to become increasingly interasted in Europe with the birth of phe euro. Man.—smann, A—old or ING — as 9dt unfalhliar to l—ny of us — are bound to beco-— household names in the months and years po come. Will the growth in European investment funds prove too tempting to resist ——————————————————————————————————1/8—— by Nick Hudson Download and Analyse Share Prices on Your @C See p533-537 Sport shares Ch—cc-in Saving rates City
P526 Teletext 526 Jan 2 00:00:10    ———————————————  —————————  THE EURO INVESTOR The appeal for UK savers to invest in European funds will be limited, at least until the UK takes the plunge and joins the euro, the experts believe. Justin Modray of independent financial adviser Chase de Vere stresses UK investors will have to contend with currency fluctuations. "It makes sense to be invested in sterling because investors will be selling in sterling." ——————————————————————————————————2/8—— Slow road to Euroland 522 finance@teletext.co.uk Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:10:00    ———————————————  —————————  THE EURO INVESTOR Investors considering buying European funds following the launch of the euro will still be subject to currency fluctuations, insists IFA Justin Modray of Chase de Vere. That view is echoed by Nigel Morgan of Old Mutual Asset Managers. "I would be very surprised if there were a big rush by retail investors, who are regarded as being pretty conservative." ——————————————————————————————————3/8—— What the euro future holds 521 POPULAR SHARE CHECK p519 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:10:01    ———————————————  —————————  THE EURO INVESTOR IFA Justin Modray believes UK investors are likely to shy away from European funds for the time being because of: Exchange rate risk. Natural conservatism. Lack of understanding. Desire to make sure the euro works successfully before committing themselves. ——————————————————————————————————4/8—— Football in new euro era 527 YOUR TOTAL ENTERTAINMENT GUIDE 400 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:10:00    ———————————————  —————————  THE EURO INVESTOR Justin Modray of IFA Chase de Vere believes European funds could prove increasingly popular for the more adventurous investors. Only after investors have made sure they have sound investments in the UK should they consider European funds, he believes. But as he points out, most European funds have enjoyed spectacular performances over recent tim—s. ——————————————————————————————————5/8—— Preparing business for the euro 523 CHECK YOUR SHARES p510 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:10:02    ———————————————  —————————  THE EURO INVESTOR IFA Chase de Vere believes increasing numbers of European funds will come on to the market. Funds Justin Modray likes are: Fidelity European. Invesco European. Gartmore European Selected Opportunities. ——————————————————————————————————6/8—— UK companies in Euroland 525 CITY NEWS p500 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:11:01    ———————————————  —————————  THE EURO INVESTOR For continental European investors whose countries are joining the euro club, the appeal is lvch more obvious. They will be free from the burdens of exchange rate fluctuations. That will give a French investor who buys shares in a French company confidence that price movements will be due to the group's financial performance, rather than pressures on the currency. ——————————————————————————————————7/8—— What the euro future holds 521 YOUR TOTAL ENTERTAINMENT GUIDE 400 Sport shares Check-in Saving rates City
P526 Teletext 526 Jan 2 00:13:10   Product of  the week... ———————————————  —————————————————— Gartmore European Selected Opportunities PEP Lump sum Regular Charges Min £500 Min £50pm Initial 3% Max £6,000 Max £500pm Annual 1.5% With the end of the tax year fast approaching, you should consider using your last ever PEP allowance. For those investors who already have a high exposure via their existing PEPs, investing within a European fund may be a good idea to increase diversity. Details from 0800 289336 ——————————————————————————————————8/8—— by Chase de Vere Investments CITY NEWS p500 Sport shares Check-in Saving rates City