Research update: Montanaro European Smaller Companies Trust

In an environment of heightened volatility triggered by Trump’s tariff policies, European stocks have actually fared relatively well. Germany’s plans to boost defence and infrastructure spending, coupled with falling interest rates, helped create more positive sentiment towards the region. Montanaro European Smaller Companies’s (MTE’s) high-conviction portfolio of good-quality growth stocks seems well placed to navigate this period of uncertainty. Low valuations relative to history enhance the upside potential.

Read the research note here.