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Bargain valuations take Europe from zero to hero

Europe has been a no-go area for many investors because of the financial crisis, and before that a perception that it offered no growth or dividends. However, in recent weeks, increasing numbers of professional investors and advisers have warmed to Europe, with low valuations being a key attraction. Although the troubles are not over, the region is showing signs of steady improvement, according to Tim Stevenson, manager of Henderson EuroTrust. Because of this, he is prepared to increase the trust's debt to top up holdings during market dips.

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By Leonora Walters,
07 November 2012

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