European equities offering good value, says Britannic

While many investors declare themselves disappointed in Europe, closer scrutiny reveals it offers so...

While many investors declare themselves disappointed in Europe, closer scrutiny reveals it offers some of the most positive returns, in both relative and absolute terms. "Are European equities cheap relative to bonds? Do European equities offer good value? Are companies looking to invest in Europe? The answer to all three is a very firm yes," said Andrew Killean, investment manager, Europe, at Britannic Asset Management. But he feels investors need to look carefully at which sectors, and what size companies offer best value. To do this, Britannic uses a country-based financial model and ...