Contrarians will warm to a sector where there is "an absence of enthusiasm of any kind", says Tim Price of PFP Wealth Management.
Enter Europe: as Barry Norris of Argonaut Capital Partners points out, net flows into European equity funds have been negative for the past two years. Morgan Stanley notes that at a recent conference, just 19% of investors chose Europe as their favourite investment region while 42% plumped for the US.
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