Fund managers eye booming European stocks in rotation away from U.S.

Open this photo in gallery: The MSCI Europe Index is up 15 per cent this year as of March 18, compared to a drop of 5 per cent for the S&P 500.Galeanu Mihai/iStockPhoto / Getty Images European equity markets have outperformed their North American peers so far this year as investors look for cheaper valuations and a refuge from tariff wars. Some money managers see more gains ahead. The MSCI Europe Index is up 15 per cent this year as of March 18, compared to a drop of 5 per cent for the S&P 500, while the S&P/TSX Composite Index…