Sentiment in central and eastern Europe drops

Arrow downEconomic expectations in central and eastern Europe have decreased, almost fully reversing last month’s increase, according to the Centre for European Economic Research. Based in Germany, the institute recorded a drop of 11.8 points in November on its scale to minus 36.8 points. The decline almost fully reversed October’s increase of 13 points. Economic Expectations for the eurozone have slightly declined by 6.2 points to a level of minus 55.3 points. It says sentiment in central and eastern Europe, regions which have held up better than the south, are feeling the effect of “fading prospects in the eurozone”. Turkey and Poland saw their respective indicators drop by 22.6 points and 22.3 points respectively. The survey is carried out among financial market experts by the Centre for European Economic Research in Mannheim and the Erste Group Bank in Vienna. It aims to develop indicators describing the economic conditions in Central and Eastern Europe. ©2011 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.