It’s about looking beyond the rubble and focusing on the long term
The Invesco European Smaller Companies Fund is one that has recently come across our screening. The fund was set up in 1984 and has been managed by Adrian Bignell since January 2004. The fund is over 70% skewed to small and micro companies with the balance in mid cap. Performance wise the fund has delivered consistent long term returns and certainly should be considered by investors looking at the options within Europe.
We started by talking about the challenges within Europe. With BREXIT Adrian explained that the UK is the 2nd biggest economy in Europe which means some countries like Ireland have significant exposure to the UK. He doesn’t believe the UK will leave Europe and apart from the volatility it will be a non-event. He is currently adding stocks with UK exposure.