Wall Street investors look to Europe for next leg of stock gains ...Qatar

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As US stocks are hit with a bout of volatility, some investors are looking to European equities, attracted by lower valuations and the region’s nascent emergence from the Covid-19 pandemic. European equity funds have notched their longest streak of net inflows in more than three years, according to data from EPFR, while fund managers globally surveyed by BofA Global Research said they are more overweight European stocks than at any time since March 2018. Morgan Stanley’s strategists, meanwhile, have named holding European stocks as one of their top trades. The focus on Europe comes as the region’s benchmarks have kept pace with their US counterparts after years of underperformance. The STOX

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Last updated : 22 May 2021 clock 10:01 PM

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Wall Street investors look to Europe for next leg of stock gains ...Qatar

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