US wrap: Eurostoxx product could signal return of confidence in eurozone

Morgan Stanley is offering eurozone exposure

The latest US offerings include a eurozone investment, which is something of a rarity of late. Morgan Stanley's accelerated growth product hails the return of the Eurostoxx 50 index to the issuance and could herald a rise in investor confidence.

The Eurostoxx 50 was a popular underlying for a period halfway through the year, but since then products have stuck to US indexes (mainly the S&P 500), emerging markets or the MSCI EAFE Index.

Morgan Stanley's decision to issue a product on the Eurostoxx

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