The long recession in Europe may finally be over. And that could lead to stronger profits from European-based companies. So what’s the safest way to try and ride a European rebound? Investing through a mutual fund: Many funds from big money managers have a fair amount of European exposure. Take the widely held Fidelity Worldwide Fund ( FWWFX ), which has 30% of its assets invested in Europe. Holdings include Swiss bank UBS ( UBS ), German automaker Volkswagen ( VLKAY ) and French food and consumer products giant Danone ( DANOY ). The Dodge & Cox International Stock Fund ( DODFX ), one of the top 25 mutual funds by total assets, also has a 30% allocation in Europe. It owns stakes in German conglomerate Bayer ( BAYRY ) and the U.K. bank HSBC ( HBC ). Then there are funds with an even bigger weighting in Europe, like the Vanguard International Growth Fund ( VWIGX ). About 55% of this fund is invested in European stocks, such as French cosmetics leader L’Oreal ( LRLCF ) and German athletic brand Adidas ( ADDYY ). Investing via ETFs: If you want to buy a fund that focuses more directly on Europe — and pay lower fees in the process — you have many more options in exchange traded funds. The largest dedicated Europe ETF by assets is the Vanguard FTSE Europe ETF ( VGK ), with about $13 billion under management. Top holdings include U.K.-based Royal Dutch Shell ( RDSA ), Swiss consumer products maker Nestle ( NSRGY ) and HSBC. Best of all, the costs are super low.
3, 2013. Nino Randazzo/Health Care Service/AP Enlarge Rome A boat packed with African migrants headed to Europe caught fire, capsized, and sank Thursday off the tiny Italian island of Lampedusa , killing more than 90 people and leaving 250 missing, officials said. The Christian Science Monitor Weekly Digital Edition The tragedy was the latest in a series of maritime incidents involving Europe-bound migrants, tens of thousands of whom flee war-torn and poverty-stricken countries in Africa and Asia every year seeking European prosperity. The boat carrying an estimated 500 men, women, and children, mainly from Eritrea and Somalia, was traveling from the Libyan coast when the fire broke out at dawn near Lampedusa, an island just 86 miles from Tunisia . RECOMMENDED: Think you know Europe? Take our geography quiz. As the fire raged, terrified migrants rushed to one side of the 65 foot-long boat, causing it to capsize about half a nautical mile off the islands coast, officials said. The Italian coast guard rescued about 150 people but another 250 were still missing hours after the disaster happened, said Antonio Candela, a government health commissioner. Italian television showed recovered bodies lined up along the quayside of the islands tiny port. More than 90 bodies had been recovered by midday Thursday, according to Angelino Alfano, a deputy prime minister. “It’s horrific, like a cemetery. They are still bringing them out,” said Giusi Nicolini, Lampedusas mayor. We dont have space for all the bodies theres no room to bury them. Its a dreadful tragedy. How many more tragedies like this have to happen before concrete measures are taken to prevent them? Ms.
Hadoop Summit Europe 2014 Marches Toward the Data Architectures of Tomorrow
& LONDON–(BUSINESS WIRE)– Hadoop Summit Europe 2014 , the European extension of the original and worlds largest Apache Hadoop community conference, today announced the call for papers. Hadoop Summit Europe brings together the leading Hadoop minds and ecosystem vendors from across Europe to discuss the open source big data platforms role in the data architectures of tomorrow. The second annual event will be held at theBeurs van Berlagein Amsterdam on April 2-3, 2014. Click to Tweet : Hadoop Summit Europe 2014 marches toward data architectures of tomorrow. Call for papers now open. #hadoopsummit #hadoop Focused on accelerating the next-generation data architecture built on enterprise Apache Hadoop, Hadoop Summit Europe will feature networking and shared best practices between all levels of the IT landscape, including a vibrant community of architects, developers, data scientists, data professionals and solution providers. The event will feature two full days of content and five tracks, all designed to arm attendees with the know-how to successfully harness the power of big data with Hadoop, driving their business into the next level of the information age. Apache Hadoop continues to proliferate across Europe as enterprise organizations and leading IT vendors realize first-hand the tremendous business impact of the open source big data platform, said Dave McJannet, vice president of marketing, Hortonworks. Building on the success of previous Hadoop Summit events in both North America and Europe, Hadoop Summit Europe 2014 will feature nearly double the number of sessions as last years event and energize the community with new ideas and real-world case studies for making Hadoop the cornerstone of the data architecture of tomorrow. We look forward to seeing you there! Hadoop Summit 2014 attendees will hear and share use cases and success stories, best practices, cautionary takes and technology insights, including discussions on whats next for Apache Hadoop. The Hadoop Summit tracks are divided into five key topic areas including: technical deep dives from Hadoop committers; the future of Hadoop with projects such as Apache YARN; data science using Hadoop; deployment and management of Hadoop operations; and using Hadoop with existing applications to derive business value from data. Call for Papers Now Open Hadoop Summit Europe 2014 continues in the tradition of previous Hadoop Summit events, making submitted speaking abstracts available for public voting on which sessions they would like to see most at the conference. The leading vote-getters in each of the five tracks will be automatically added to the agenda.