According to MSCI data, Spanish stocks trade at a 30% discount to the MSCI Europe based on price/book value ratios.

“I’m overweight on the periphery, as opposed to France and Germany,” Clairinvest fund manager Ion-Marc Valahu said in the article. “There’s still some value there.”

iShares MSCI Spain ETF

For more information Spain, visit our Spain category.

 

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