EDM European equity fund closes first half of the year with a 16.6% return

Eugenia Jiménez
EDM European equity fund closes first half of the year with a 16.6% return

Spanish independent investment firm EDM has reported a return rate of 16.6% in its European equity strategy for the first half of the year. The returns can be explained by the "excellent performance of the fund's first rate portfolio companies, which have a ROE of more than23%and low debt levels," said EDM in a note. The company also said that its analysis team expects a double digit growth in income for its portfolio assets and a dividend yield of 2.3%. EDM Strategy invests in a sma...

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