Non-U.S. equities remained at a steep valuation discount to U.S. stocks, a gap that has discouraged many global asset allocators from increasing exposure abroad, according to JPMorgan. The bank noted that the forward price-to-earnings ratio of MSCI World ex-U.S. stocks rel
Non-U.S. equities remained at a steep valuation discount to U.S. stocks, a gap that has discouraged many global asset allocators from increasing exposure abroad, according to JPMorgan.
The bank noted that the forward price-to-earnings ratio of MSCI World ex-U.S. stocks relative
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