May 22, 2024
Location
etc venues 155 Bishopsgate, London
May 22 – 23, 2024
STOXX is proud Gold Sponsor of ETF Ecosystem Unwrapped, the fastest-growing European ETF conference.
Workshop Session: The ‘Magnificent’ European Equities
Thursday, May 23 | 11:50 – 12:10 GMT
They may not be as sexy as the “Magnificent Seven” in the US, but the “GRANOLAS” are having an equally strong pull in European equity markets. The name, coined by Goldman Sachs in 2020, is an acronym for a group of 11 companies that stand out for strong earnings growth, low volatility, high and stable profit margins, and solid balance sheets, according to the investment bank. They account for a combined 21% of the STOXX® Europe 600 but were responsible for 60% of the benchmark’s gains in the past year, and have even beaten the Magnificent Seven on a risk-adjusted basis. Their characteristics are likely to predominate in the current economic cycle, the investment bank’s strategists say.
Nico Langedijk
Managing Director, Head of EMEA
STOXX & DAX ETF & Index Investments
Full agenda here.