Sep
03

After $40 Billion Exit, Morgan Stanley Says Give Europe a Chance

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  • ‘Unloved’ European stocks looking ‘increasingly attractive’
  •  Underperformance, undervaluation of banks becoming ‘extreme’

No other region has suffered Europe’s massive outflows this year, and that’s exactly why Morgan Stanley says it’s time for investors to take a fresh look at these stocks.

“From a relative perspective, Europe (and European exposure) looks increasingly attractive,” Morgan Stanley strategists, led by Graham Secker, wrote in a report. “Having seen the largest outflows of any region over the last six months, Europe appears unloved and undervalued just as the growth newsflow starts to pick up.”…

After $40 Billion Exit, Morgan Stanley Says Give Europe a Chance

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Categories : Private Equity

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