Eastern expansion is yet to prevent Europe from becoming overcrowded

european long/short

European markets have been turbulent and opportunity sets overcrowded and difficult to play, according to industry figures.

Overcrowding is unlikely to subside as large amounts of new money enter the strategy and convergence occurs between European equity long/short and event-driven.

However, large-cap managers at Gartmore believe there are opportunities in financials, media and telecommunications, according to Graham Martin, business development director on the firm's hedge fund team. All of