The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:WSJ Talks Up Appeal of European Small Cap Stock Funds  Not Rated 0.0 Email Routing List Email & Route  Print Print
Friday, September 06, 2013

WSJ Talks Up Appeal of European Small Cap Stock Funds

News summary by MFWire's editors

Investors may want to rethink their focus on major global players and put more money into funds that invest in smaller companies, The Wall Street Journal's Murray Coleman writes. Coleman interviewed Mark Luschini, chief investment officer at Janney Capital Management, whom he quoted as saying, "It makes sense now for investors with a large-cap bias to tilt more of their portfolios to smaller and more nimble companies that are well-suited to take advantage of Europe's recovery."

Confidence in the eurozone is increasing, with net flows of European focused mutual funds and ETFs moving up by $12 billion from July 2012 through August, Coleman writes, adding that almost 74 percent of net flows into European stock funds went into large-cap stocks.

The proof is in the pudding, however, Coleman says. Based on the next 12 months' expected earnings, the price/earnings ratio for a typical European large-cap stock trades near 12 contrasted to a forward PE ratio of 14 for small cap European stocks.

To read more, click here

Edited by: Casey Quinlan

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2019
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use