A decade after the global financial crisis, the uncertain economic conditions it ushered in continue to starve Europe’s investors of returns
Private markets, including equity and debt, infrastructure and real estate, stand out as a high-margin part of the asset management sector that is still expanding, with returns higher than those delivered by public markets.
With valuations plumbing depths seen in 2009 and 2012, and headwinds many and varied, is there hope on the horizon for one of Europe’s most beleaguered sectors?
As Japan found out the hard way, a healthy banking sector is key to restoring health to an economy. But Europe’s third biggest economy, with its vastly undercapitalised banks, looks destined to remain in the doldrums for some time
Investors have been troubled by the region recently, with a growing feeling that it is mirroring Japan’s ‘lost decade’. But there are reasons to be positive about it, and we are bullish on defensive stocks which we believe are currently trading too cheaply