Great European securities are out there

Despite the turbulence in the stock markets in the past months, SWIP is confident in continuing to find great European securities.

SWIP's in house fundamental research based investment process reveals companies that can weather the global economic slowdown and tightening credit conditions.

Steven Maxwell, Head of European Equities at SWIP comments: "We view European equities as a long-term investment. We believe now is a time for the shrewd investor to selectively pick up bargains across various countries and sectors. It is worth noting, too, that valuations now look extremely attractive - both on a historical basis and when compared to other asset classes.

Confidence and morale in the market are understandably low, and until these return in any meaningful way, volatility will persist. Even in a recession we believe you can still find great companies. Our bottom-up, five-year forecasting process allows us to identify companies during every part of the economic cycle and it is these opportunities that will drive performance going forward."

Rory Hammerson, Investment Director of the ‘AA' rated SWIP Pan European Smaller Companies Fund adds: "In these precarious markets, we continue to look for companies with strong balance sheets whose business models are able to weather the current market volatility. The road ahead is challenging but we believe we have a robust investment process that will identify valuation anomalies through finding stocks whose long term earnings power is not reflected in today's share price."