Look to Europe for income

EUROPE

Andreas Zoellinger, co-manager of the BlackRock Continental European Income fund, says investors should not be swayed by the headlines

Inevitably, some investors have been swayed by the headlines and political uncertainty that have accompanied Europe’s long economic crisis, and are still wary of investing their money in the region. But we have believed for a long time there is no need to be afraid of Europe. In our view, the eurozone is unlikely to break up, and we think it is time for investors to look beyond the noise of headlines and see what is happening in corporate Europe. In terms of valuations and dividends they offer, European equities are currently relatively attractive, compared the majority of other asset c...