European hawks firmly in flight as ECB hikes rates by 50bps
And signals a similar rise in March
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And signals a similar rise in March
But it may not be to the degree most Western investors expect
With half saying equity markets have become out of sync with the real economy
‘Seemingly infinite central bank liquidity is supporting the optimistic and risk-on sentiment’ says one portfolio manager
Focus on sector leaders among sustainable businesses, says Pascal Blanqué
Bond purchases not endangered by court decision, says DWS
But asset managers are divided about how effective it will be
Despite shaky outlook, new stimulus measures fall short of expectations amid limited monetary policy options
ECB president Mario Draghi warns that risks surrounding eurozone growth have moved ‘to the downside’
Timing of rate rises not discussed in Frankfurt meeting leading to speculation rises may be pushed beyond next year
Boutique London-based asset manager Kestrel Investment Partners is increasing exposure to Europe’s financial, telecom and pharmaceutical sectors on the back of the European Central Bank’s quantitative easing (QE) decision.
A shift in Italian fiscal policy could have an impact on the European Central Bank’s plan to end its asset buying programme in September, say fund managers.