Where are the success stories in Europe?

Investors are overlooking the long-term prospects

When discussing Europe, it is hard not to spend time comparing it to the US, writes Peter Michaelis, head of the sustainable investment team at Liontrust.

The conventional take on Europe is one of bureaucracy gone mad; high unemployment, low wealth creation and slow decline. However, investors risk overlooking many of the perfect cousin's faults and strong long-term prospects for investing in Europe. Investors should be thinking about market size, growth potential and predictability, and valuation. Q&A with Liontrust's Ions: Why we are buying ATI On market size: the EU is a vast economic region - a 510 million population with a GDP of circa $18trn, similar to that of the US. True, GDP per capita is lower than that of the US ($30,0...