Relative value opportunities remain in Europe’s periphery, says BlackRock’s Krautzberger

Michael Krautzberger, BlackRock

Europe’s periphery still offers opportunities for bond investors on a selective basis, according to Michael Krautzberger, co-head of European fixed income at BlackRock in London, but hopes of an imminent resolution to the Eurozone’s financial problems are overly optimistic.

On March 11, a summit of European leaders will be held to discuss German proposals to resolve the ongoing Eurozone financial troubles. That meeting is expected to prepare the ground for a further meeting, to be held on March