LongMETSOSep 2026
Metso Corporation
Metso's recent earnings were better than expected and management indicated that mining end markets are improving as customers gain confidence and increase capital expenditure…
Guinness European Equity Income Fund
European ex-UK quality equity income strategy focused on profitable dividend-paying companies with persistently high returns on capital.$137M AUM7 published ideas
The fund seeks income and long-term capital growth from European companies outside the UK, primarily through dividend-paying businesses. Its process starts with quality rather than headline yield and focuses on profitable companies that have generated persistently high returns on capital.
Ideas from Guinness European Equity Income Fund
LongDB1Sep 2026
Deutsche Börse AG
Deutsche Börse benefits from higher market activity and volatility through increased trading volumes, while inflation and interest-rate uncertainty support activity in rate…
LongKCRSep 2026
Konecranes Plc
Konecranes recovered after weaker July results as the fund viewed the Q2 shortfall as largely timing-related. The investment case is supported by an attractive valuation, 13%…
LongRBREWSep 2026
Royal Unibrew A/S
Royal Unibrew's Q2 results were softer as higher input costs and increased sales and marketing investment pressured margins, while Northern European volumes were weak. The higher…
LongRAASep 2026
RATIONAL AG
Rational continues to deliver solid underlying performance, with Q2 sales up 4% year-over-year and EBIT up 16%, while Europe and North America remained strong. China has been…
LongSPIESep 2026
SPIE SA
The fund believes investors are focusing too heavily on weakness in France, where the fibre rollout is ending and building activity is lower. It argues that SPIE's broader…
LongMYCRSep 2026
Mycronic AB
The fund initiated a new position in Mycronic after analysing the business and meeting management. It sees an attractive combination of quality and underappreciated growth…
Letters covered
- Guinness European Equity Income Investment Commentary – September 2026September 18, 2026
Source PDFs are not republished here; only extracted ideas and quotes.