Europe better placed than America… and cheaper
In the US, weakening employment poses risks to both consumer expenditure and growth, while in China both the consumer and the property market are at risk.
European smaller companies
Inflation is falling, interest rates are peaking, and corporate earnings are growing – making small cap valuations attractive.
All eyes on quality defensives
Equity markets have rallied, inflation is falling, interest rates are peaking, and 2024 rate cuts are already priced into markets.
The substitution effect: AI and the labour market
As investors, we need to know how firms will manage the seismic shift that jobs markets will experience due to generative AI over the next few years and decades.
Europäische Small-Caps – ein Ausblick
Die Bewertungen sind zunehmend attraktiv, was für eine erneute Outperformance von Small-Caps spricht.
European smaller companies outlook
Valuations are increasingly attractive, supporting the case for renewed outperformance of small cap stocks.
European smaller companies outlook
Valuations are increasingly attractive, supporting the case for renewed outperformance of small cap stocks.
‚Higher for longer’ rates will curb inflation, so quality is the way to go
Interest rates are at or close to a peak, but will remain higher for longer. Recession in the US remains likely, much more so than in Europe. We think European equities may once again outperform the US.
25 Jahre und kein Ende in Sicht: Threadneedle (Lux) European Smaller Companies
Bevorzugt werden hochwertige und unterbewertete Wachstumsunternehmen aus dem europäischen Small- und Mid Cap Segment.
Identifying key sustainable themes for 2023 and beyond
The desire for energy security coupled with decarbonisation means there is now a sense of urgency around a green transition.