Some surveys hedge their bets in their concluding comments. Full marks to asset manager Amundi and research boutique CREATE for publishing one this week that certainly did not. It spoke of a “new era of low returns and high volatility” and predicted that “booming markets are now history” and “there is no fuel left in this bull market”.
Why pension confidence in Europe is frayed
Europe’s pension plans see a big future for alternative credit, but faith is weak in their home region and strategies are being revised as a result.
