In this video, Chris Garsten, a fund manager at Waverton Investment Management, outlines why investors should keep the faith with European equities despite slowing regional growth and an uncertain outlook.
Garsten manages the Waverton European Capital Growth fund, a long-only European equities fund.
“The outlook for Europe does look pretty gloomy,” he admits. “But since we launched fund in 2001 the outlook has never looked very good yet over that period we have still outperformed the S&P 500 in dollar terms.
“We think that in Europe you should not always look at what the economy is doing but what supply is doing to each individual industry.”