ECB QE why
The ECB is unlikely to start buying European government bonds, as yields are already at record-low levels, says Stephen Jones, chief investment officer of Kames Capital.
The ECB is unlikely to start buying European government bonds, as yields are already at record-low levels, says Stephen Jones, chief investment officer of Kames Capital.
Any further policy action by the ECB will mainly benefit the equity markets in Europe. That’s what fund selectors attending Expert Investor Norway, held last week in Oslo, think.
Fund managers attending last week’s Expert Investor Geneva conference keep faith in central banks stopping their bleeding after the recent market sell-off.