European Assets Trust PLC Edison issues update on European Assets Trust
08 Noviembre 2022 - 7:01AM
RNS Non-Regulatory
TIDMEAT
European Assets Trust PLC
08 November 2022
London, UK, 8 November 2022
Edison issues update on European Assets Trust (EAT)
European smaller companies' funds focused on growth investing
have had a torrid 2022 as soaring inflation, rising interest rates,
cost of living pressures and slowing economic growth have prompted
increasing investor risk aversion, resulting in a dramatic sell-off
for long-duration growth assets. European Assets Trust (EAT) has
not been immune to such pressures despite its focus on growing,
high-quality, well-capitalised and modestly indebted companies. In
our last update, Well placed to deliver further capital growth , we
made the case for the EAT's place in this niche area of investment.
Performance of the asset class has since deteriorated further, with
the possible headwinds for European smaller companies
strengthening. However, investors can take comfort in the
investment process established by experienced fund managers Sam
Cosh and Lucy Morris, which they have used here since 2011 to good
effect.
Arguably, 2022 has not provided the most supportive environment
for equities and for European smaller companies in particular.
However, it is always darkest before dawn and the current de-rating
in the asset class may well present a contrarian opportunity for
the long-term investor. EAT has been investing in a portfolio of
high-quality, dynamic growth businesses for more than 50 years,
through a variety of economic conditions. The focus on good-quality
companies, which should be relatively well-placed to pass on
increased costs, counter margin pressures and take advantage of
opportunities in the market, looks to be valid. The key to
successful growth investing is not to overpay for growth and the
managers have built a portfolio of high-quality, fast-growing, less
indebted companies for only a modest valuation premium over the
market; valuation discipline is an important factor in the process.
For investors who are comfortable with high levels of volatility
and a sufficiently long investment time horizon, EAT provides a
solid option in this specialist area of investment.
Click here to view the full report or here to sign up to receive
research as it is published.
All reports published by Edison are available to download free
of charge from its website
www.edisongroup.com
About Edison: E dison is a leading research and investor
relations consultancy, connecting listed companies to the widest
pool of global investors. By focusing on the volume and quality of
investors reached - across institutions, family offices, wealth
managers and retail investors - Edison can create and gauge intent
to purchase, even in the darkest pools of capital, and then make
introductions via non-deal roadshows, events or virtual
meetings.
Having been the first in-market 17 years ago, Edison now has
more than 100 analysts covering every economic sector.
Headquartered in London, Edison also has offices in New York,
Frankfurt, Amsterdam and Tel Aviv and a presence in Athens,
Johannesburg and Sydney.
Edison is authorised and regulated by the Financial Conduct
Authority .
Edison is not an adviser or broker-dealer and does not provide
investment advice. Edison's reports are not solicitations to buy or
sell any securities.
For more information, please contact Edison:
David Holder +44 (0)20 3681 5700
investmenttrusts@edisongroup.com
Learn more at www.edisongroup.com and connect with Edison
on:
LinkedIn https://www.linkedin.com/company/edison-group-/
Twitter www.twitter.com/Edison_Inv_Res
YouTube www.youtube.com/edisonitv
This information is provided by Reach, the non-regulatory press
release distribution service of RNS, part of the London Stock
Exchange. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
Reach is a non-regulatory news service. By using this service an
issuer is confirming that the information contained within this
announcement is of a non-regulatory nature. Reach announcements are
identified with an orange label and the word "Reach" in the source
column of the News Explorer pages of London Stock Exchange's
website so that they are distinguished from the RNS UK regulatory
service. Other vendors subscribing for Reach press releases may use
a different method to distinguish Reach announcements from UK
regulatory news.
RNS may use your IP address to confirm compliance with the terms
and conditions, to analyse how you engage with the information
contained in this communication, and to share such analysis on an
anonymised basis with others as part of our commercial services.
For further information about how RNS and the London Stock Exchange
use the personal data you provide us, please see our Privacy
Policy.
END
NRAFLFEFLTLTIIF
(END) Dow Jones Newswires
November 08, 2022 08:01 ET (13:01 GMT)
European Assets (LSE:EAT)
Gráfica de Acción Histórica
De Mar 2024 a Abr 2024
European Assets (LSE:EAT)
Gráfica de Acción Histórica
De Abr 2023 a Abr 2024