As sovereign yields in Europe continue to slide to unprecedented lows, many investors have become sceptical on whether value can still be found on the continent. However, by looking further afield than the more common peripheral names such as Spain and Italy, we at T. Rowe Price have found a number of outposts still offering […]
Take a flexible and unconstrained approach to asset allocation in 2014, say Rick Rieder and Scott Thiel, co-managers of the BGF Fixed Income Global Opportunities Fund.
While the cost of supporting the banks may be higher than the government has envisaged, Slovenia will not join the club of the bailout countries in the near term, according to Morgan Stanley.
Sea-sick sailors know that the best place to be in turbulent waters is high up in the middle of the vessel, with fresh air and a view to the horizon. Unfortunately, for stock markets in Central and Eastern Europe (CEE), that was exactly where they were not, in 2012.
17.30: We end here Investment Europe’s blog on the aftermath of Greece’s latest federal election, with the hope you have found it both useful and informative. For more breaking news and analysis of macro and market events in Europe as they unfold, visit www.investmenteurope.net.
S&P’s new rating of European sovereign debt is outlined in the attached table.
Standard & Poor’s has downgraded the credit ratings of a raft of eurozone nations including Italy, Spain and Portugal as well as stripping France and Austria of their AAA status.
Embattled Greece tops the global table of the most risky sovereign credits in the world, as it has been for much of the past year, while Norway continues to head the least risky sovereign issuers, according to a report on liquidity metrics from CMA Datavision Bonds, which provides independent, intraday pricing on some 1,400 single name CDS and CDS indices.
Guernsey has signed a Tax Information Exchange Agreement (TIEA) with the Republic of Slovenia, the third TIEA signed by the island in under a month.