The search for income generating asset classes has to a certain extent come back on investors’ minds.
While we don’t even use it yet, it has doubled in value since the beginning of the year and its use is gradually gaining ground in the economy: the digital currency Bitcoin broke above US$2,000 last month even though when it was first introduced at the end of 2008 it was worth as little as 0.001 cents.
With the European economy in its strongest recovery since 2010 and European earnings expected to rise at a solid double-digit pace in 2017, the future for European equities looks bright. Europe is currently our preferred spot in global financial markets from an asset allocation perspective.
Newfangled companies are appearing and developing a global presence almost overnight. They are omnipresent and you almost forget that in many cases, these companies, including Facebook (2004), Spotify (2006), Airbnb (2008), Uber (2009), Snapchat (2011) and Alibaba (1999), were founded no more than a decade ago