Are European Stock Markets Imploding?

Europe has been written off by many investors as too risky - but if one bothers to look a little deeper, there are undoubtedly some interesting opportunities

Gavin Corr 23 May, 2017 | 3:59PM
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There has been a longstanding perception in many parts of the world that Europe is imploding. With investors firmly focused on the European political scene, we have witnessed large behavioural see-sawing that is distorting valuations. However, if one bothers to look a little deeper, there are undoubtedly some interesting opportunities. The key is to appreciate the behavioural biases at play and get back to the principles of good investing.

Energy and financial companies are still considered to be generally attractive

In order to better understand the European landscape, it helps to address the political concerns and some of the more optimistic economic data of recent times before outlining the process that underpins our core thinking.

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About Author

Gavin Corr  is Global Head of Morningstar’s Manager Selection & Due Diligence Services Team