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Ernie Cecilia of Bryn Mawr Trust Company on where to put your money in today's markets.
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-- -- The European Central Bank it's a lot of credit for what's happening today why because it unveiled its most ambitious plan yet.
To halt Europe's financial crisis my next guest has some sound he believes sound investment and investing ideas.
To find stocks he says that won't rise up from the rubble in Europe he is earning billions of chief investment officer.
At the -- mark trust company joining me in a Fox Business exclusive.
Is it too late to get -- I mean I'd look at what an incredible move and now you wonder if if the voice of Mario Draghi is what is really going to for a longer stretch of time turn this thing around.
Well it's certainly a good start -- and thank you for having me on I appreciate that very much.
We mean when we get the remark trust company look at global concerns we look we take a strategic view four -- portfolios.
So we are looking at long term trends are not just short term trends recognizing that.
They're short term volatility -- way or another but part of it also is looking -- strong balance sheets.
With strong products and services that can have sustainability ever run through -- number -- cycles and through a lot of that.
Short term events have occurred particularly today which is at least a positive -- -- That so -- -- concerning your saying that it's not too late for people to get into Europe now that they know there's just a little bit more stability there.
Yes and and Liz let me define Europe we look at global concerns a multinational companies that.
Don't necessarily sell their products inside Europe although some new products sold inside Europe but also have strong.
Franchise is outside of Europe.
And that is a larger percentage of their sales are going to the growing markets of the world particularly the emerging markets.
And what we look at particularly -- population growth and has population growth in the emerging markets act continues to push up.
-- and creates demand and also income levels have been growing and emerging markets.
So demand for goods and services for multi national companies that may be well.
Domicile around Europe but sell their goods outside Europe are very attractive.
Well you know I -- to give your two ideas to people number one is a single company and that's you know lever which you just articulated exactly why people have more money plus this is a company.
That while European based it absolutely does more business elsewhere but you also like if people are little too nervous -- their money in an individual company.
You like Lazard international strategic equity fund L I S I acts.
Looking at some of the names in there Novartis GlaxoSmithKline.
You believers in there UB sky B potash which is a Canadian company.
Correct right.
-- great diversification.
Again as you mentioned several names that are held by -- -- art fund.
If you look at the top 25 holdings you'll find a lot of companies -- liking Unilever which.
I believe this number fourteen on that list which.
-- hard sell their products so lot of their services and products outside of Europe for example you know lever.
55%.
Of their sales in the first half of this year.
Went to the emerging market countries so again that's very attractive to us you know lever up certainly had a very strong day today I'm told.
Just hit a new high at least at the highest level its been since.
Early oh -- we started buying the stock for our client portfolios in the early part of last year.
Bob has -- yield of 3.3 percent even after today's move alive and -- 7% earnings growth rate which we think is very very attractive in this environment.
Even after the -- in terms of -- -- in terms of the fund and what we do with our client portfolios in manager of client portfolios -- we take a long term approach.
And we use both internal -- individual stocks like -- you know lever but also funds and was large fund.
Is a well -- fond of that is we research it very well.
And it does a five star Morningstar rated bond and again has the -- that you mention and -- we think it's a great long term performer.
Well -- it's just a way to get in on a lot of names and I think that's attractive to our investor audience earning good to see -- thank.
