Europe's vaccine missteps alarm stock investors around the world

Plagued by political infighting, supply disruptions and public resistance, continental Europe is far behind in distributing the vaccine

Europe’s vaccine blunders are alarming some of the world’s top investors, who see economic growth imperiled by a slow pace of business reopenings.
 

While the region’s stocks are riding the global rally and faring well against the selloff in U.S. big tech, prolonged lockdowns threaten the economic recovery. Investors are taking notice. European equity funds have recorded three weeks of outflows, with Bank of America Corp. and BlackRock Investment Institute warning that the continued virus outbreak could hurt trading strategies in the single-currency bloc.

“The Europeans desperately need to accelerate the pace of their vaccine rollout if they want to get