“ECB policy drives risky assets” – Dinant Wansink, part 2 of 2
Dinant Wansink of Delta Lloyd Asset Management says the ECB is leading him towards investing more in equities, and away from cash and commodities.
ECB
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Will QE continue to drive equity markets?
The ECB has been buying €60bn in government bonds for more than five months now. Since the QE programme was announced in January until our most recent poll in June, European fund selectors have consistently been expecting equity markets to benefit most from it going forward. Support for the programme has also been all but…
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The bumpy bond road
Benchmark 10-year bond yields in the Eurozone have more than doubled since the end of April, when they reached an all-time low. Are we now simply witnessing a correction after markets overshot in the wake of the ECB’s bond-buying programme, or is this the beginning of a serious bond bear market as deflation worries have…
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IMF warns of Fed danger as ECB reassures markets
The IMF yesterday warned that a rise in interest rates by the Federal Reserve could lead to a new crisis, with a spike in bond yields and emerging market economies particularly badly hit. Most estimates of when the Fed will begin rate hiking, or ‘normalisation’ as it is often called, range from as early as…
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Finnish fund selectors plan to ride
Even though they are slightly worried QE will only have a temporary effect, the majority of Finlands fund buyers are poised to take advantage of the European Central Banks monetary stimulus.
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Economic optimism leads Finns to high yield bonds
Finnish fund selectors have turned from a bunch of sceptics into outright optimists as far as their macroeconomic outlook is concerned. This translates in a preference for risky assets such as European equities and, surprisingly, high yield bonds.
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Economic optimism leads Finns to high yield bonds
Finnish fund selectors have turned from a bunch of sceptics into outright optimists as far as their macroeconomic outlook is concerned. This translates in a preference for risky assets such as European equities and, surprisingly, high yield bonds.
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German fund selectors swap US for Europe
European equities are the most popular asset class with German fund selectors, just like in most of the rest of Europe. A clear majority plan to increase allocation over the next 12 months, as they feel the continent’s equity markets will be the main beneficiary of the ECB’s newly launched QE programme.
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Catalan investors at odds with fund managers
Fund selectors in Barcelona are convinced Spanish bonds are overpriced. But bond fund managers brazenly told the crowd that they will edge even lower, at least in the short term.
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Is monetary policy divergence ever happen
One of the big macro themes for 2015 was thought to be divergence in the central banking policies of different parts of the world.