Charles Glasse: Where I'm finding stock opportunities in Europe

If we have learned one thing in more than 30 years of investing in continental Europe it is that it is much more important to be invested in the right companies rather than trying to make top-down calls.

We are geographically agnostic and sector agnostic, so today we see a number of good opportunities in the industrial and materials sectors, where earnings are holding up reasonably well. This may seem counter-intuitive when there are plenty of signs that economic growth is slowing both on the continent and in Asia, a key export market. Both our geographic and the sector tilts reflect the fact that we look for companies that are not only attractive from a growth and valuation perspective, but that are also being run for shareholders. Should investors care about European equities? ...