Trust Issues: Investing in Europe with FEV’s Marcel Stötzel

Podcast: Kepler Trust Intelligence Podcast · Kepler Partners

Opublikowano: 2026-08-04

In this episode of Trust Issues, we speak to Marcel Stötzel, manager of Fidelity European, about the investment case for European equity sector, including the recent rally, the changing macro back-drop, positioning around AI and finding the most compelling opportunities across the sector. 00:00 Introduction 00:32 Drivers of the rally 02:34 Is Europe a global or regional play? 03:29 Is Europe cheap for a reason? 05:57 Impact of German fiscal change & defence spending 07:29 Narrowing down the universe 08:50 Key investment criteria 10:05 Balancing conviction with risk management 12:16 Average holding period 14:31 Most compelling opportunities & AI<b...