Europe is a region with a vast array of companies from large global leaders to smaller niche businesses. While many businesses derive their earnings from overseas, Europe is still a fertile hunting ground for companies exposed to the European recovery story.
The ECB's unprecedented QE programme and policy of low interest rates have demonstrated their willingness to support the European economy.
On many valuation metrics, Europe trades at a discount to other equity markets, whilst dividend yields on European equities are currently well above those on offer from government bonds, high-quality corporate bonds or equities in many other regions. In a world of persistently low interest rates, where income is at a premium, this remains an attractive feature of European equity markets.