Morningstar: Eltifs ‘a growing breed’ but fund selectors warned on fees and returns
Eltifs ‘unlikely to harvest the same hefty illiquidity premiums’ as trusts
Why European stocks are not expensive, and what to buy
Europe’s earnings per share (EPS) recovery is underway and valuations are not expensive, however, there is no sign of euphoria despite froth elsewhere, according to Bank of America Merrill Lynch (BofAML). The bank’s latest global research report said Europe’s EPS recovery was underpinned by booming macro data and recovering margins. Find out where the European…
