At €183*** the Brymen BM869 is tremendous bang for the buck, but a lack of peak/auto-hold, the lame 16sec backlight timeout and does not seem to fit the profile of a trustworthy high-quality meter for the next 10+ years. I already have an aging non-autoranging meter which I don't trust or like. Getting the BM869 would be short-term gratification but I'm afraid this would not last long.
The Brymen does not have the history that the Fluke does for sure, but I can assure you it is built very well with thick and high quality materials, it has the highest input protection rating possible right now of CATIV/1000V, it meets its accuracy, and has all the features one could want except for internal data logging. It is sealed against dust at least with o-rings everywhere, possible to the point of being water proof but I am not claiming that. As far as "autohold" goes, it is a nice feature but hardly a deal breaker. You can use the max/min (called "rec") or the "Crest" function just as well. All you need to do is push a button just like is needed to activate "autohold" on the other others. The continuity test is instant, I cannot hear a delay.
What is it lacking? Well it reads down to 0.01nF only, ohm down to 0.01 only, long battery life as it probably only good for 150hrs, and it is rated to only 1MHz for frequency measurement.
The U1242B is worse on all ranges for accuracy and counts and resolution but it is a good meter too.
Yes if you want to spend much more then there are many other options, Fluke 289, Agilent 1252 or 1272 etc. If I were to buy an Agilent it would be the U1252B. The Flukes are just not that great a value IMHO.
Don't forget the UEi DM397 if you have a friend to send/bring it from the US. It is a great buy, probably the best of the whole bunch.