While macroeconomic concerns remain, the outlook for European equities is now more positive than a year ago.
One of the main reasons for this is that stock valuations are significantly lower, due to what we believe may be excessive pessimism. According to JP Morgan, in July 2018 the P/E multiple on small-...
Two breaches of 10% limit last year
Cash balance surges
Several caveats to Bank of England's hawkish stance
Emerging Market 2024 Fixed Maturity strategy