Finweek English Edition - - INVESTMENT -

For in­vestors look­ing for off­shore ex­po­sure, as­set man­age­ment f irm Ves­tact has been adding the beauty group to its New York client port­fo­lios. The f irm’s By­ron Lot­ter pointed out that in the last year, L’Oreal has spent €721m on re­search and devel­op­ment that will en­sure it can con­tinue to re­lease new prod­ucts. Lot­ter told clients: “Look­ing at

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