T Rowe Price's European equity manager Dean Tenerelli said he is finding attractive entry points into stocks linked to the domestic economy in Continental Europe.
With the macroeconomic backdrop across Europe improving, investors are looking to the region once more, said Tenerelli. "The recent pickup in European macroeconomic reports has helped rekindle optimism in the European economy," he said. "As growth concerns begin to temper, we are seeing investors exhibiting growing interest in domestically oriented European companies. "Over the last 12 months, I have also shifted somewhat toward companies with greater revenue exposure to Europe, where I have taken advantage of attractive entry points," he continued. In Tenerelli's view, many domest...
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