The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
The persistent rise in US equities is helping promote a view that the relationships of old for stocks and traditional measures for value-oriented investing strategies no longer apply.
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The era of ultralow interest rates fostered a leveraged buyout boom and a desperate hunger for yield among investors. The ...
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