A check of fund flows in Europe shows the first positive money going into telecoms in 2 years,...

|By:, SA News Editor

A check of fund flows in Europe shows the first positive money going into telecoms in 2 years, notes the team at HSBC, which also notes international funds remain underweight the sector. Not surprisingly, what money is flowing is going into northern Europe, but the Club Med states are catching up. Some telecom picks.