Spain has swallowed its medicine

Hartwig Kos, manager of the OYSTER Diversified GBP fund at SYZ Asset Management, discusses in Funds Europe the after-effects of Prime Minister Rajoy being forced to step-down, following a no-confidence vote in Spain. While Hartwig states this could have detrimental effects in the corporate sector as well as on investor confidence, he emphasises Spain’s recent economic progress and opportunities he is seeing in Spanish banks.