All Europe articles
-
White papers2026 European Outlook - Navigating The Winds of Change
With inflation now close to central banks’ target levels, financial markets are not expecting any further rate cuts in the Eurozone. Increasing levels of government debt, US trade policy uncertainty and remaining inflation concerns continue to weigh on the bond markets and limit the chances of government bond yields’ tightening.
-
White papersLooking past the chaos: the time for European real estate debt
The global commercial real estate market has undergone a profound transformation since mid-2022, with rising interest rates and macroeconomic uncertainty driving a significant repricing of assets—capital values have corrected by approximately 20–25% across Europe, creating one of the most attractive entry points for real estate debt investment in over a decade. Our latest research reveals why over 60% of institutional investors are planning to increase their real estate debt allocations, exploring how this asset class offers compelling risk-adjusted returns with lower volatility than traditional alternatives and examining the regulatory tailwinds and improved lending standards that position real estate debt as a strategic portfolio diversifier in today’s market environment. Read the full report to discover why this represents a compelling opportunity for institutional investors.
-
White papersThe Quality Quandary in European Equities
How can investors in high-quality companies overcome this year’s performance headwinds?
-
White papersMarket Outlook - Fixed income: Monetary policy should bolster markets
Fixed income markets should benefit from continued central bank easing in 2026. We expect lower interest rates in the US as policymakers respond to weaker labour market trends, and lower rates in Europe because of further declines in inflation.
-
Asset Manager NewsRetail Index: European retail environment experiences significant upturn
In the third quarter of 2025, Union Investment and NIQ-GfK’s Global Retail Attractiveness Index (GRAI) confirms the continuing positive trend in European retail markets. The EU-15 region clearly leads the global ranking ahead of North America and the Asia-Pacific region. Despite a tight labour market and varying national developments, consumer confidence and retail sentiment continue to rise, consolidating Europe’s position as the world’s most attractive retail market. The EU-15 Retail Index reached a new high of 116.6 points, underscoring the region’s strong performance.
-
White papersEuropean equities - European strategic autonomy: A long-term investment opportunity
Europe is deepening its quest for strategic autonomy. What began as a post-pandemic policy slogan has evolved into a financial reality, with tangible investment implications – Europe now allocates billions annually to defence, industrial resilience, and key technology sectors.
-
White papersModern Logistics In Europe: A Timely Opportunity For Institutional Capital
As the new European real estate cycle takes shape, we continue to see logistics as one of the more attractive investment propositions, underpinned by three pillars:
-
White papersLogistics real estate in Europe on a growth trajectory
Demand for modern logistics properties in Europe remains high, and matters such as location quality, energy efficiency, automation and flexible use are continuously gaining in importance. Germany in particular plays a key role in this framework – as Europe’s largest logistics market and as a hub for international supply chains. Swiss Life Asset Managers, with a Europe-wide logistics strategy, is amongst those actively shaping this change.
-
White papersBack on the block: Real estate debt returning to favour
The commercial real estate (CRE) landscape has profoundly transformed since mid-2022, creating compelling investment opportunities for institutional investors. Rising interest rates and macroeconomic uncertainty have driven capital values down by approximately 20-25% across Europe and other developed markets, according to the CBRE Prime Capital Value Index. The current environment presents factors that make real estate debt particularly compelling: attractive entry valuations, conservative lending structures and meaningful portfolio diversification benefits.
-
White papersBuilding hospitality ecosystems for long-term value
Hospitality investment in southern Europe has evolved far beyond the traditional model of beds and beaches. Over the past five years, the market has matured, shaped by institutional capital flows, demographic shifts, and a reimagining of what leisure real estate can offer. At Arrow, we’ve built a substantial portfolio of hospitality businesses across the region. What we see is an increasingly sophisticated investment landscape, where scale, operational capability, and ecosystem control are the foundations of long-term value creation.
-
White papersPioneering European Alternatives
Global black swan events, generally considered to be once-in-an-economic-cycle occurrences, have been disrupting investment markets with alarming frequency. In the past few years, we have experienced Brexit, the COVID-19 pandemic and geopolitical conflicts. Europe’s surge in inflation was significantly fueled by the economic shockwaves from the Ukraine crisis. The crisis significantly affected global energy and agricultural supply chains, driving up the cost of fuel, gas and essential commodities, which quickly fed through into consumer prices across the continent. In response to this inflationary shock, European central banks implemented a series of aggressive interest rate hikes, shifting from historically low rates to multi-year highs.
-
White papersUnlocking Europe’s Living Opportunity
With demand surging and institutional ownership lagging, Europe’s residential sector offers a rare opening for strategic, locally executed investments
-
White papersCore Capital Reawakens: Scale & Liquidity Drive Europe’s Real Estate Reset
Core capital is driving a reset in European real estate, as investors favour scale, stability, and liquidity amid a shifting market and growing trend towards consolidation. Core capital is the lifeblood of the real estate industry and makes up the bulk of client allocations. It also provides essential exit liquidity for value-add equity and debt strategies—without core buyers, asset sales stall, capital recycling slows and the system ends up in gridlock.
-
White papersFrance’s fiscal reckoning: navigating opportunity amid political chaos
France, long regarded as an economic pillar of Europe, has found itself embroiled in political and financial turmoil in recent years. Multiple attempts to push for much-needed fiscal reforms has thrown the country’s leadership into disarray and intensified scrutiny of its mounting debt crisis. With elevated government bond yields and deteriorating credit ratings, investors and policymakers alike are grappling with the implications. How can bond investors navigate this volatility?
-
White papersMyth and Legends: European Broadly syndicated Loans
Broadly Syndicated Loans have grown over two decades, offering inflation protection through floating rates and diversification across sectors. Active management and due diligence are key to mitigating risks. Despite myths, European loans show resilience, strong returns, and market depth, with M&G’s long-standing fund exemplifying their potential.
-
White papersPivot to Europe: (re)positioning along the new Fixed Income routes
Year to date, European fixed income has delivered broadly positive performance, albeit with pronounced dispersion by sector, curve, rating and country. Active asset allocation and security selection have benefited from divergences across European fixed income markets.
-
White papersActive ETFs: Expanding choice with active management
Assessing how active ETFs provide flexible, transparent tools for navigating today’s more complex markets
-
PodcastPivot Points: Rediscovering Europe, Japan and Emerging Markets
Amid shifting global market currents, investors are reassessing where the most compelling opportunities lie beyond the US. Shifts in earnings trajectories, valuation dispersion, and evolving policy signals are reshaping the risk-reward across regions and asset classes, prompting a fresh look at how to balance exposures.
-
White papersSecuritised Products Reform: Unlocking Value for Insurance Companies
Proposed EU reforms represent a comprehensive overhaul of the securitisation regulations that, if implemented, would reduce regulatory burdens and lower capital requirements.
-
White papersEurope’s industrial backbone is eroding
Europe’s post-war prosperity was built on steel, chemicals, and autos. But that industrial backbone is now under strain. China’s state-backed industrial strategy has created overcapacity in sectors Europe once led. Coupled with the United States pivot to protectionism the global trading order is changing.
