Uk dividends tumbled 54%
Regions offering best value
Investors could be forgiven for thinking that nowhere is an immediately appealing prospect for investment right now, least of all Europe.
It has been a strong showing for European equities in recent weeks, with the European Central Bank (ECB)'s policy action – and the rate cut in the US – all helping to lift shares higher.
Most fixed income has performed well in 2019 aided by the change in outlook from many central banks around the world and the gross redemption yield (GRY) on many bonds have fallen to very low or negative levels.
European equity markets have struggled to perform since the start of 2018 owing to the relaunch of trade wars by US President Trump, coupled with uncertainty surrounding Brexit.
'Significant eurozone reform' on the cards