In Europe, we added a number of technology companies. |
Their earnings were ahead of forecasts and they gave fairly optimistic guidance going forward. |
We do see a lot of earnings acceleration in Japan in a couple of sectors in particular. We've got good exposure to Japanese retailers, good exposure to Japanese real estate companies. |
We're looking for stocks that are showing accelerating earnings growth. Stock appreciation will follow earnings growth. |
What Point does is they target particular brands into particular age groups or economic groups. They watch the development of their stores carefully. |