By Nick Maroutsos
In this short question and answer session, Nick Maroutsos, Co-Head of Global Bonds, looks at the macroeconomic landscape and how it is shaping his team’s investment decision-making.
Is Europe trapped in negative rates? If so, what are the implications for investors?
As interest rates move lower and become more negative, Europe is the epitome of dysfunction. We are five years on from its supposedly temporary shot in the arm for the euro area, and yet the European Central Bank ((ECB)) still has not achieved its goals and will likely push rates even