TT International Struggles With Short Stock Selection Issues

With the London-based FTSE 100 stock index up over 1 percent on 2014 and the Euro Stoxx 50 up 6.78 percent on the year, one might use these as indicators of a slightly positive market environment for European equity fund managers.  While the stock market was positive, Europe in 2014 was punctuated with spectacular short selling stock stories as well. Led by the likes of Quindell and others, both long and short exposure was noticed to have strong price trends. With quantitative easing getting ready to potentially inflate stock prices, one might think a European-focused long/short equity strategy might do…