The view of billionaire investor George Soros, reiterates our view on European and Asian markets. Soros's fund has invested more than $2 billion in equities across the mentioned market.
- In valuation comparison, European equities look a lot cheaper even in the midst of the Greek dilemma.
- Europe and Asia (Japan, China, India, and Korea) sought to ease the monetary policy. We believe these equities have similar good time like the US had in the awake of FED easing.
In the past one month Korea Japan & China indices have returned more than 7% whereas Indian Nifty is above 4%.
We expect similar performance further also from the European counterparts which already been rising since ECB announced easing in January, 2015.
- Our four important mantras for choosing stocks across these markets - Good Product, Commendable Market Share, Enough Profit Margin ( 10% at least) & Sustainable Leverage.
- We believe along with stocks indices will perform well too over the year
The actual bond buying by ECB will start from March, 2015.
