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Processing domes stand at a biogas plant, operated by E.ON SE, in Sembten, Germany, on Sunday, Sept. 13, 2020. Green power generation in Germany surged to a record in the first half of the year, crowding out coal generation and shrugging off weak onshore wind growth in the energy mix.
Krisztian Bocsi/Bloomberg
Investors are beginning to look abroad, including in Europe, for new opportunities. Within Europe,
UBS
strategists on Monday said they favor companies that get more of their sales closer to home in the Eurozone than the rest of the world.
Valuations, a push to diversify U.S. portfolios heavy on U.S. technology and position for a global economic recovery and a weaker dollar are among the reasons more money managers and strategists see a tactical opportunity to invest in other parts of the developed world, including Europe.