Hermes Investment Management: Why is Europe back in favour?

Despite improvements in the European investment landscape, James Rutherford, co-head of investments for European equities at Hermes Investment Management, states that “Europe, from a fundamental viewpoint and earnings viewpoint, has disappointed in its delivery for 10 years.” In FT Adviser’s Guide to Investing in Europe, he observes that every year, European earnings growth predictions are negatively revised.