Last July's pledge by ECB president Mario Draghi to do "whatever it takes" to save the euro has sparked a run that saw the MSCI Europe index beat the MSCI World by 6% in the last year, surpassed only by the US in terms of performance.
Over the past couple of years, the landscape of the wealth management sector has evolved markedly.
Multi-asset managers have been moving back into property for the first time since the financial crisis, as higher income levels from the sector attract yield-hungry investors.
Kira Nickerson discovers that some fund managers are beginning to re-examine this previously unpopular asset class.
UBS Global Asset Management is launching the UBS Sterling Corporate Bond Indexed fund, its first passive fixed income fund for the UK wholesale market.
Bill O'Neill has left Merrill Lynch Global Wealth and Investment Management to join UBS.