How does stock market concentration globally and within the European equity market affect Europe-equity funds?  
 
The US stock market has become dominated by a handful of stocks, but rising concentration is not just a US phenomenon, it has become a feature of many equity markets across the globe. In European equity markets, we see concentration rising, but the increase is much more muted. What does this mean for investors?  
 
With a spotlight on the European equity market, we explore the nuances between market concentration and investment strategies and provide a detailed breakdown of active fund performance within this context.