Distractions and discounts in Europe: Manager

Invesco's Matt Peden is finding "valuation advantages" in small- and mid-caps amidst the uncertainty 

Jade Hemeon 17 October, 2019 | 1:34AM

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European stocks have lagged North American stocks this year, and those with less inflated valuations are presenting opportunities for Matt Peden, vice president and portfolio manager at Atlanta-based Invesco Advisors Inc., and co-manager of Invesco Europlus.

“Valuations of companies are more reasonable in Europe, especially for small to mid-capitalization companies,” says Peden. “There is less of a valuation advantage in the large, globally-focused companies.”

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar Rating
Anheuser-Busch InBev SA/NV46.17 EUR0.00
Eurofins Scientific SE504.60 CHF0.00
Henkel AG & Co KGaA74.80 EUR0.00
Howden Joinery Group PLC552.80 GBP0.00
Nestle SA ADR119.17 USD0.00
Scout24 AG74.45 EUR0.00
Unilever PLC ADR59.90 USD0.00

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Jade Hemeon

Jade Hemeon  

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