A number of global equity indices have reached historic highs in recent months. The European equity market has not done badly, but has lagged behind markets in other developed regions, notably the US. Today, however, Europe is back in investors’ good books.
In this interview, Jeroen Knol, senior fund manager with our European large-cap select equities team, explains why Europe offers attractive investment opportunities as well as less downside in a possible correction.
In recent years, there were already enough reasons to invest in European equities, in our opinion. But over the past few quarters, international investors too have been increasingly waking up to the slow, but notable improvement in European economic indicators, such as lower unemployment and upwardly revised growth forecasts. Crucially, this recovery is now both more synchronised and visible in a larger number of European countries.
