Henry Nicholls/Reuters
- Thornburg portfolio manager Emily Leveille say international equities will be more attractive than US stocks this year.
- International stock valuations are cheap relative to the US, and are more accurately priced, Leveille said.
- "We believe European stocks are already more accurately calibrated toward an economic slowdown."
While US equities have been a solid bet over the last decade, overseas markets could offer better value and even outperform their US peers this year, according to Emily Leveille, managing director and portfolio manager for Thornburg.
In a recent note, she broke down five reasons why international investments could be better positioned than those offered by US markets.