JP Morgan Europe Dynamic Fund reveals World Cup winners

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JP Morgan Europe Dynamic Fund reveals World Cup winners

Fri 9th Jun 2006

The manager of the JP Morgan Europe Dynamic Fund has revealed who will win at this year's World Cup, it's not England or Brazil, but companies making widescreen TVs and alcoholic drinks.

Merchandising is also set to see sales benefits particularly within the leisurewear manufacturing industry.

Ajay Gambhir, manager of the JP Morgan Europe Dynamic Fund, said: "The effects of the World Cup might be felt far and wide.

"The global advertising market may be boosted by approximately one per cent this year as a result."

Mr Gambir added, that a German low-cost airline has also seen an increase in business, thought to be down to German businesswomen leaving the country to avoid the football.

The JP Morgan Europe Dynamic Fund is an asset management product released by JP Morgan which advises companies on global investments.

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