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By Kurt CRUICKSHANK – investment director European equities, Aberdeen Standard Investments
Europe is often perceived as a wasteland for the equity investor. Weighed down by an inability to implement coordinated reform following the global financial crisis, the continent has endured a period of muted and fragile economic growth over the past decade – evidenced in its vulnerability to a number of issues ranging from the sovereign debt crisis, reliance on external demand from countries such as China, and rising populism. Add to this the complexity of a region formed of many countries, cultures, languages, and legal systems – and it may be easy to conclude that more compelling investment opportunities lie elsewhere. Certainly the majority of investors' extending...
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