"Why I Don't Invest in Banks"

Silver Rated Artemis European Opportunities fund manager Mark Page explains why prefers alternative financial stocks in his portfolio

Artemis Investment Management 26 February, 2018 | 10:18AM
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Morningstar's "Perspectives" series features investment insights from third-party contributors. 

Euro bank note top rated fund manager explains why he doesn't invest in banks financial stocks Europe

Not owning banks isn’t an act of dogged or thoughtless contrarianism on our part. We simply believe that most traditional retail banks face a number of structural challenges. These make us sceptical of their ability to generate sufficient returns over the long term to justify their current share prices.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
Artemis European Opportunities I Acc1.40 GBP0.58Rating
Dovalues SpA9.91 EUR0.00
FinecoBank SpA15.97 EUR0.00
Worldline SA84.88 USD0.00

About Author

Artemis Investment Management  is a leading UK investment manager, offering a range of funds investing in the UK, Europe and globally

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