John Bennett, Director of European Equities, explains why 2023 might be an opportune time to get into the asset class.
Key takeaways:
- The next 18 months will be very meaningful for European equities, as the factors that held the asset class back in 2022 begin to abate.
- While we do expect to see profits warnings across Europe at the beginning of new year, the good news is that this is anticipated and offers another chance to enter the market at a good price.
- Some of the biggest opportunities lie in ‘old fashioned Europe’ – industrial, chemical and materials companies – and in one area of tech, semiconductors.
