- JPMorgan European Discovery Trust plc (LON:JEDT) offers investors diversified access to this world-beating market and potential investors may like its recent, more balanced investment approach, and fresh focus on micro-cap companies, which is intended to fully utilise the new managers’ stock selection skills.
- The European small-cap sector’s long-term track record of outperformance versus most other major markets should prove a major drawcard for investors, especially as valuations are low in absolute and relative terms, and a look at previous investment cycles suggests a rebound is due soon.
- JPMorgan Asset Management’s very significant fundamental research resources, combined with the use of state-of-the-art, AI-driven quantitative tools, arguably provide JEDT with a competitive edge over its peers.
- JEDT’s shares are currently trading at a discount to NAV of around 9%, and there is scope for this discount to narrow if performance remains good and/or investor sentiment towards the sector continues to improve.
European markets surge as hopes rise for reduced US tariffs
5th March 2025
European stocks rallied as US official hinted at tariff reduction, boosting major indices. Germany’s market got a lift from government spending plans.