Steve Higgins

ContactSteve Higgins has been a journalist for more than 25 years and has extensive experience covering business, the economy and personal finance. He spent 12 years as a business reporter for daily newspapers in Arizona, Florida, Georgia, and Connecticut, followed by 12 years as an editor, most recently as business editor of the New Haven Register in Connecticut.
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If You Want To Invest In Distressed Stocks In The European Region Here Are 2 Funds To Consider edit
Wednesday, February 22, 2012 14:01

Tags: European zone | mutual funds

The new bailout agreement for Greece comes at a time when manufacturing is slowing throughout Europe, raising fears of a region-wide recession.

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While avoiding the region may be the most prudent step for most, some investors may be interested in companies with stock prices that appear to be depressed due to the debt crisis.


Morningstar Inc. searched for actively managed funds run by value-oriented stock-pickers tilting more heavily toward Europe than the related index.


The company named Oakmark International (OAKIX) and Tweedy Browne Global Value (TBGVX) as promising funds that meet the criteria. Oakmark is up 15% so far this year, and Tweedy Browne has beaten its category average by at least four points for four straight years.

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