Amundi's Wosol: Covid stocks still trading at 'significantly low' valuations

Covid-related stocks underpriced

Pedro Gonçalves
clock • 2 min read
Andreas Wosol of Amundi
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Andreas Wosol of Amundi

The head of the largest European value fund in the world believes the European value rotation has further to go as the threat of further lockdowns and new variants keeps Covid-related stocks underpriced.

Andreas Wosol, Amundi's head of value who manages around €5bn in European equity value strategies, told Investment Week both Covid-related stocks and cyclicals are trading below pre-pandemic levels, creating...

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