Europe has returned to investors' radar, but where are the most attractive opportunities now? In the latest episode of Trust Issues, Jo Groves speaks with Marcel Stötzel, Portfolio Manager of Fidelity European Trust PLC, about the outlook for European equities, the impact of shifting macroeconomic conditions, AI-driven opportunities, and the stocks and sectors he believes are best positioned for the future.

Listen to Marcel Stötzel’s recent podcast with Kepler Trust Intelligence

The 'Trust Issues podcast' with Marcel Stötzel is produced, recorded and distributed by Kepler Trust Intelligence.

Important information

The value of investments and the income from them can go down as well as up, so you may get back less than you invest. Overseas investments are subject to currency fluctuations. The Fidelity European Trust PLC uses financial derivative instruments for investment purposes, which may expose it to a higher degree of risk and can cause investments to experience larger than average price fluctuations. The shares in the investment trust are listed on the London Stock Exchange and their price is affected by supply and demand. The investment trust can gain additional exposure to the market, known as gearing, potentially increasing volatility. Reference to specific securities should not be construed as a recommendation to buy or sell these securities and is included for the purposes of illustration only. This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser. Investors should note that the views expressed may no longer be current and may have already been acted upon.

News & Insights - European Values PLC

Half-Yearly Results Announcement 2026

Half-Yearly Results for the six months ended 30 June 2026


Fidelity

Fidelity

Investment Team

Where we are finding the next generation of winners in Europe

Has Europe's recovery run its course? We explore where the next opportunities…


Natalie Briggs

Natalie Briggs

Investment Director

Unlocking long-term growth in Europe

What does quality investing really mean? Marcel Stötzel, co-portfolio manager…


Marcel Stötzel

Marcel Stötzel

Co-Portfolio Manager, Fidelity European Trust PLC