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.
'New phase' in transatlantic relations
Stronger balance sheets than producers
What is on industry leaders' radar for the next six months?
We remain bullish on Europe - not because of the macro position, which so many use as the driving force, but because of the stockpicking process we carry out.