Market Insights

''Cheap'' - a necessary but not sufficient condition

The STOXX 600 (broad European index) has reached a new low of 380 for a valuation (Price/Earnings ratio over the next 12 months) of 10.4x, the lowest level recorded since the COVID crisis.

Market Insights

Carry on

Investors shouldn’t forget that volatile markets always offer the best opportunities to lay the foundations for good results in the future.

Market Insights

It’s all about timing

While it is still too early to reposition significantly, we are approaching entry points in both the equity and high yield markets