Pease: Euro noise is distracting investors from top valuations

Henderson European equity specialist Richard Pease explains why investors should avoid the noise and focus on the attractive opportunities available on the continent.

It can be unhealthy to pay too much attention to events. According to a 2003 study of traffic accidents conducted by the Virginia Commonwealth University for the Virginia Department of Motor Vehicles, rubbernecking – craning to see an accident – was the leading cause of distraction-related accidents, responsible for some 16% of crashes. Nevertheless, it is also worth being aware of your surroundings. In recent months Europe has offered plenty to distract investors. The continent has been the focal point of the debate surrounding public debt levels, with Greece acting as the lightning ...