Tim Lewis explains how JPMorgan European Growth & Income (JEGI) generates consistent market-beating returns by investing in continental European equities.
The manager outlines the team’s approach in building a balanced portfolio which outperforms through economic and investment cycles. Lewis goes on to explain how the trust applies top-down macro tailwinds with bottom-up stock catalysts which support the fundamentals. Using these factors, combined with active management, the team is able to identify diversified sources of outperformance.
Key questions the team ask are is it a good business, is it attractively valued and is the outlook improving. Finally, Lewis reveals how these criteria apply to holdings such as Dutch advanced chip kit designer ASML (AMS:ASML), French engineering giant Thales (EPS:HO) and Swiss industrial group ABB (SWX:ABBN).
