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Global Perspectives: European Equities: Beneficiaries of Improving Global Growth
Presenter: Paige Henderson, Global Equity Portfolio Manager, Wells Fargo Private Bank
The countries that use the euro are emerging from their debt crisis and economic recession.
We visited the eurozone and surrounding areas in Europe and Turkey to find investment opportunities
that exploit Europe's political and economic recoveries. We found aspects of Europe's outlook
that investors should embrace and others they should avoid. Please join me on the road for
a global perspectives special report - European Equities: Beneficiaries of Improving Global
Growth. Sweden
On location in the capital city of Stockholm Today, we're in Stockholm, the capital of
Sweden. Stockholm as been a global trading center for centuries. Sweden is the member
state of the European Union that has elected not to participate in the Eurozone. And, therefore
does not use the Euro as its currency, at least for now.
Today and tomorrow, we hope to visit with analysts, economists, and bankers to share
their perspectives on the outlook for their companies, the Swedish economies, and the
outlook for the greater European market. We also want to see their observations and opinions
on the effectiveness of the Eurozone leadership. These perspectives are quite valuable to us
as they are the candid observations of financial leaders who are personally affected by the
decisions made by the monetary and political leadership. This is information we cannot
usually gleam from printed on the record company reports.
Germany On location in the capital city of Munich
The second stop on our global research trip through Europe was Munich, which is an industrial
center and headquarters of four of the largest stocks in the German market. We met with BMW
where they talked about their new green initiatives and their electric car that they just announced
in the Frankfurt auto show and also their new factories and efforts in China. We also
further developed our understanding of the supply chain nature of the broader European
market and the European Union as an opportunity that Europe offers, to participate in global
growth in addition to a recovery in the European market.
Poland On location in capital city of Warsaw
Today, we're in Warsaw in the old town which was part of the country that was demolished
at the end of World War II and rebuilt immediately following that. As its been described as the
newest old town in Europe, just an illustration of how truly the global economies are. On
our visit to Warsaw, we hope to learn more about the Polish economy, how it fits within
the broader European theater. And, also how important it is to the total supply chain
within Europe. Turkey
On location in capital city of Istanbul The last stop on our global research trip
is Istanbul, Turkey. Turkey has seen some strong growth over the last few years within
the emerging market sector and has started to recover from its sell off as of late. In
our meetings with our counterparts in Istanbul, we learned how the Turkish economy is doing,
what they see about the political situation in the country, and how Turkey and Turkish
exporters are interacting with the greater European market. And, what they see as the
opportunities for growth in the future.
For more details on our outlook for these countries, please download my Global Perspectives
Report "European Equities: Beneficiaries of Improving Global Growth" offered on this page.
All Sources: Economist, 10/12 /13 Disclosures
Wells Fargo Wealth Management provides products and services through Wells Fargo Bank, N.A.
and its various affiliates and subsidiaries. This information is for educational purposes
only and should not be used or construed as financial advice, an offer to sell, a solicitation,
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