There has been a revival in Europe’s economies in recent years which has made European equities a more interesting investment. Earnings have soared from the low point in 2002, and share prices have increased, but less than earnings making Europe a more attractive place to invest that the US and Japan.
But to derive the full benefits of investment in European equities it is necessary to look at Europe as one area to select the very companies that are the sharpest competitors in a single market with 500 mill. consumers.