Managers Say Spanish Equities Still Offer Value
Spain might seem an expensive play after a two-year rally, yet certain assets offer a good opportunity to buy into the country’s recovery story — and that of the euro zone.
David Turner
August 22, 2014
A Spanish national flag flies from a flagpole in the town of Villanueva de los Infantes, Spain, on Monday, March 10, 2014. Iberdrola SA estimates reduced support by the Spanish government will cost renewable power generators, such as itself and Acciona, 3.96 billion euros ($5.41 billion), with wind and biomass the most affected. Photographer: Angel Navarrete/Bloomberg
Angel Navarrete/Bloomberg
