We are seeing a new bout of deterioration in fundamentals, with earnings revisions worsening and PMIs back on a declining path across emerging markets (EM).
Europe is full of secular growth trends including digitalisation, faster growth in emerging markets, consumer loyalty to premium brands and increased health awareness.
Three new names appear on list
'Perfect storm of threats'
Rewarding creativity
Managed by Guido Baltussen and Pim van Vliet