Three European small cap stocks with a big future

Professional investor Francesco Conte picks three European small-cap stocks that should generate sustainable earnings in an ever more competitive global environment.

Each week, a professional investor tells us where he'd put hismoney. This week: Francesco Conte of the JPMorgan European Smaller Companies Trust picks three winners.

The global market backdrop appears challenging, but we are keen on European smaller companies owing to a positive outlook for earnings growth combined with market valuations close to long-term averages. The JPMorgan European Smaller Companies Trust seeks out dynamic companies with strong growth prospects that are independent of the economic cycle. Many of these tap into exciting structural growth themes such as environmentalism, ageing populations, wellness and digitalisation.

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