Fund managers hold out for European growth after ECB rate decision

Rachel Dalton looks at fund managers’ reactions to the ECB’s decision to hold interest rates

clock

Last week, the European Central Bank plumped for keeping interest rates unchanged, with the bank opting to keep the eurozone rate at 0.75% for the eight month in a row.

The Eurozone inflation rate fell from 2.2% to 2% during January, and the European Commission has predicted it will fall past its 2% target to 1.8% this year. Fund managers predict further volatilit...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Investment

Unnamed scheme becomes first in UK to allocate to Bitcoin

Unnamed scheme becomes first in UK to allocate to Bitcoin

Cartwright advised an unnamed scheme on a 3% Bitcoin allocation in October

Jasmine Urquhart
clock 04 November 2024 • 2 min read
L&G expands scope of master trust board's TCFD reporting requirements

L&G expands scope of master trust board's TCFD reporting requirements

L&G and the trustees of the L&G Master Trust have published a sustainability report

Holly Roach
clock 04 November 2024 • 2 min read
Partner Insight: Beyond corporate lending - Specialty finance as the next frontier of private credit

Partner Insight: Beyond corporate lending - Specialty finance as the next frontier of private credit

Join portfolio manager Kris Kraus as he walks through the rapidly growing specialty finance market and the compelling investment opportunities it offers within private credit.

Kristofer Kraus, Portfolio Manager, PIMCO
clock 04 November 2024 • 4 min read
Trustpilot