Most market commentators believe that the valuation of a growth stock reflects the likely future growth rate of the company. Stocks trading at above average earnings multiples are expected to grow at above average rates.
Joining up over £13.8bn of assets
Inflationary pressures in Europe
Global equity markets are closing in on the tenth anniversary of the global financial crisis.
How important are shareholders to a business? Normally, very important.
In recent months, investors have reacted to a perceived bout of increased uncertainty in global markets as the short-term mood has shifted from one of championing synchronised global growth and reflation to one more of nervousness around emerging markets...