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Herro: Still Places to Find Value Abroad

Japanese and European equities drove returns for Oakmark International last year, but manager David Herro says it's a long-term positive to have exposure to emerging-markets consumers.

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Jason Stipp: I'm Jason Stipp for Morningstar. It's Beat the Market Week on, and today we are checking in with Oakmark's David Herro to get his take on where we are in the global markets and where he is seeing opportunities today.

David, thanks for being here.

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Jason Stipp does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.