Kerr Neilson dives into Europe

The Platinum Group boss sees good value in a recovering Europe.

Australia’s best known offshore investor, Kerr Neilson of the Platinum Group, is back doing what he does best. That means he's getting in before the rest of the pack. Just now, he’s getting into Europe … and not just EU-based defensives. He’s buying into badly beaten-up European banks, which he sees as the next sweet spot in the market.

Neilson, who made more than $1 billion from the flotation of ASX-listed Platinum Asset Management in 2007, is also convinced that our dollar will drop lower in the months ahead.

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