Fear and pessimism masking mispriced European opportunities

Jacob Mitchell, CIO and founder of Antipodes Partners, tells Investment Week the fundamentals for investing in Europe are strong because the continent has made a ‘durable’ economic recovery. However, he notes that  fear and pessimism is causing investors to overlook mispriced opportunities in Europe and claims that European financials are very cheap given the probability that the ECB will soon start to normalise rates.