Can European shares finally shrug off their ‘value’ tag?
As we have observed many times, when global investors look at Europe they tend to think 'value' rather than 'growth' due to the heavy weighting of somnolent sectors like financials, commodities and utilities and the lack of exciting technology companies.Admittedly, that perception is changing thanks to the clear growth potential of firms like Dutch semiconductor equipment maker ASML (ASML:AMS) and