The reason why the European stocks markets are profitable is simple. Europe has many world-class companies with world-class managers, who can deal with business of building the company's added value and also making money for shareholders.

It's also because many of these companies make a lot of their revenue outside of Europe, even if they are headquartered on the continent.

"There are lots of world-class companies in Europe ... would you rather give your money to Detroit or to Nestle'?" said Mr Pearson in an interview given to the Forbes magazine.

European stocks have made nice gains so far in 2013, but they have risen only half as much as global benchmarks, making them cheaper than equities in the United States and Asia, according to Bloomberg data.

What's more, while the S&P 500 has now made back the losses it made during the global financial crisis, the Euro Stoxx 50 is still trading almost 40% below its 2007 levels.

So, if investors are careful, selective there is a lot of money to be made.

www.L24.lt