Henderson's manager of the European Focus trust, John Bennett (pictured), and manager of the EuroTrust, Tim Stevenson, discuss the main drivers for European companies in the current environment.
The ECB's continuing support The euro area could claim only but a few fans a year ago. Investors fretted over deflation and depression, spurred, ironically, by the collapse in oil prices. What followed was a European Central Bank (ECB) showing willingness to explore extraordinary monetary policy measures, beginning a massive quantitative easing programme. This initially involved monthly injections of €60bn into the system, recently increasing to €80bn, through the purchasing of government and corporate debt with the aim of driving down interest rates, stimulating bank lending, getting ...
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