Eurozone sentiment reaches four-year high says report

EurozoneThe Eurozone may finally be turning a corner, according to latest research by economic think tank IHS Global Insight. Greater consumer spending, higher employment, and better than expected news on inflation have all benefitted the beleaguered economic bloc. The euro is now more competitive, benefitting Eurozone exporters while oil prices remain low, a further boost to industry. “Improving investment is not only key to growth in the near term but also to boosting potential output growth across the Eurozone,” says Howard Archer, chief economist at IHS Global Insight. The European Central Bank’s (ECB) policy of quantitative easing, which began earlier this month, is also showing signs of increasing sentiment, Archer says. The extraordinary monetary policy has helped to boost inflation, one of ECB president Mario Draghi’s aims with the programme. While Europe does look on the mend even in the peripheries such as Spain and Italy, Greece remains in the doldrums with credit rating agency Fitch downgrading the country to a “substantial credit risk” last Friday. The research says that there is heightened uncertainty as the government seeks to come to an agreement with its creditors. ©2015 funds europe

Executive Interviews

INTERVIEW: Put your money where your mouth is

Jun 10, 2016

At Kempen Capital Management, they believe portfolio managers should invest in their own funds. David Stevenson talks to Lars Dijkstra, CIO of the €42 billion manager.

EXECUTIVE INTERVIEW: ‘Volatility is the name of the game’

May 13, 2016

Axa Investment Managers chief executive officer, Andrea Rossi, talks to David Stevenson about bringing all his firm’s subsidiaries under one name and the opportunities that a difficult market...


ROUNDTABLE: Beyond the hype

Oct 13, 2016

The use of smart beta investing continues to grow. Our panel, made up of both providers and users, discusses what the strategy actually means, how it should be used and the kind of pitfalls that may arise when using this innovative investment technique.

MIFID II ROUNDTABLE: Following the direction of travel

Sep 07, 2016

Fund management firms Aberdeen and HSBC Global meet with specialist providers to speak about how the industry is evolving towards MiFID II.