Fuelled by loose monetary policy, fixed income managers have had a tailwind for the past ten years.
Best sectors for investors
Since the end of 2007, European equities have underperformed US equities by 63% on a real total return basis (in local currency terms).
Germany has become 'less predictable': Merkel wins fourth term but far-right AfD makes historic breakthrough
Win first seats in Bundestag
Financial conditions are looser today than at the start of the year