European Banks Are Really Undervalued, State Street Says

The video discusses the value in equities, particularly in European banks, highlighting their undervaluation despite concerning price to book ratios. It then shifts to trends in asset management, noting the rise of indexation and the search for cost-effective returns. The discussion concludes with future directions in asset management, emphasizing longer-term investing and ESG considerations.

What factors contribute to the perceived value in European banks?

How is the trend of indexation affecting the asset management industry?

What does the speaker suggest about the future of active management in relation to index funds?

What challenges does the growth of indexation present to asset managers?

In what ways can asset managers deliver value to clients beyond traditional methods?