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…
As the all-powerful government in China continues to see the stellar growth it had become used to in recent years ebbing away towards 6% and perhaps even below, it will inevitably reach for new levers to pull. Just as they once did with Western manufacturing, the Chinese are likely to be looking at the United…
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…
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.
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.
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.
A significant minority of Portuguese fund selectors have decided to shed their exposure to developed market corporate and government bonds completely, in response to near-zero yields. Will the rest of Europe follow suit?
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.
One of the big macro themes for 2015 was thought to be divergence in the central banking policies of different parts of the world.
Fund buyers attending Expert Investor Belgium in Brussels expect the ECB’s new government bond-buying programme to push equities higher.
With QE over in the US and interest rate rises on the horizon, we asked the EIE editorial panel how investors should protect themselves.
