Invesco European Growth Fund Comments on Prosafe SE

Author's Avatar
Oct 29, 2014

Prosafe SE and Sberbank of Russia were the largest individual detractors.

Prosafe (OSL:PRS), a global leader in offshore accommodation rigs, has been under pressure due to broad-based weakness in oilfield services and concerns about new supply entering the market.

From Invesco European Growth Fund (Trades, Portfolio)’s Q3 2014 Commentary.