Investors should be mindful of chasing themes in Europe

We remain bullish on Europe - not because of the macro position, which so many use as the driving force, but because of the stockpicking process we carry out.

Having a differentiated and contrarian view may put you in a good position to navigate a market that has become very short sighted, with analysts focusing on small details and missing the bigger, medium-term picture.  'Draghi's successor will face a different set of challenges': Commentators warn next recession could be 'existential' for eurozone While some investors view one quarter as disappointing, we often see it as an opportunity to add to positions on weakness.  With this backdrop, we have added to Deutsche Post, homebuilder Neinor, clothing retailer Zalando and fibre...