ECB

Central bank policy disappointing

Europe's recovery remains choppy, slow and fragile, yet as long as it can be maintained, European high yield debt is an attractive option for investors, according to Muzinich & Co's Erick Muller.

Banks worst hit

Brad Tank, chief investment officer - fixed income, Neuberger Berman, discusses the major transition in central bank philosophy that has appeared in recent weeks.

Rob Burnett, head of European equities, Neptune

Too much faith placed on them

Compounding the gloomy outlook among investors is the ratcheting up of event risk. Brexit is looming largest, driving down sterling and threatening a period of sustained instability.

Cut rates and expanded QE

In the second part of this special Big Question, managers assess the risks and rewards of investing in this sector in the current climate.

ECB stimulus not enough