Three industries to prosper as Europe recovers
While much of the recovery in European stock markets in recent years has been driven by multiple expansion, we are now starting to see encouraging signs of earnings progress.
While much of the recovery in European stock markets in recent years has been driven by multiple expansion, we are now starting to see encouraging signs of earnings progress.
An inflection point is taking place across equity markets inviting investors towards more cyclical names.
Yule will join as of head of intermediary relationship management for UK and Ireland, establishing new wholesale and advisory contacts while maintaining relationships with the firms existing client base.
The firm expects frontier markets to be the next engine of global growth and is launching a new fund to capture this potential.
Easing equity markets may just be taking a breather, rather than signalling the end of the asset class cycle.
The recent sell-off in emerging markets looks overdone with the ASEAN nations and financials throwing up particularly attractive growth prospects, according to T. Rowe Price’s global equity manager Scott Berg.
There are few areas of the fixed income market that are growing and diversifying as rapidly as euro high yield.
Arif Husain is to replace Ian Kelson as head of international fixed income at T Rowe Price International, taking on portfolio management responsibilities in addition to leading the investment team and process.