European Central Bank

For the first time in a number of years, pan-European large company corporate earnings for 2017 look set to post a double digit year-on-year advance.

'Indications of irrational exuberance'

Little margin for error

Political risk is reduced following elections

An investment opportunity with unlimited upside potential, but with limited downside risk?

After several years of extraordinary central bank intervention intended to provide monetary stimulus to ailing global economies, we are finally transitioning from quantitative easing (QE) to quantitative exit.

This year has seen a continuation in 2016's trend for corporate credit. The European Central Bank (ECB) purchase programme under its quantitative easing policy has pushed corporate credit spreads tighter, starting with high-quality corporate issuers,...

Climbed 1.1% to $1.201

Who would have thought 12 months ago that Europe would have become the destination of choice for investors in 2017? What has changed?

Caused by three factors