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Sep 30, 2007

Schroders fund manager discusses European outlook and IFRS impact

Andy Lynch, head of Schroders European Dynamic Growth Fund, says European stocks remain strong thanks to robust fundamentals and IFRS reporting changes make a welcome impact

Do fund managers have a genetic predisposition to be cheery? It probably helps, although too much group enthusiasm probably isn’t great news, acknowledges Andy Lynch, head of Schroders European Dynamic Growth Fund. ‘A lot of people in the industry have this disposition to be positive: The world is good! The world is great! The world is marvelous!,’ he admits. But regular reading of gloomier pundits, like Dresdner Kleinwort’s Albert Edwards, who regularly warns of financial

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