Past performance alone not enough to assess European fund managers

NOTWITHSTANDING the continued uncertainty over Greece, Europe's macroeconomic environment is continuing to improve. Since the eurozone crisis, we are starting to see upgrades in corporate earnings, thanks also to a weaker euro and lower energy prices.

While there remains market headwinds because of the impending rate hike by the US Federal Reserve and the continued Greek saga, investment opportunities have opened up. The question is how to choose the superior investment fund among the many funds available in the market.

Key is in selecting the investment manager