In client meetings, it is usual to be asked about what we are worried about.
European credit markets were hit this year by the rise in global trade tensions, a sudden spark in equity volatility and further political risks in Europe, mainly Italy.
Focus on monetary policy not politics
Raised by 25 basis points to 0.75%
Central banks and multi-asset in the spotlight
Rate rises will be slower than predicted
'Protectionist wave' big risk
Trade wars a key risk