Europe Special

Several crucial elections

Inflation has overshot ECB target of 2%

Volatility in elections year

Introduced banks theme

Seen no corporate earnings growth since 2011

European passives attracted €40bn last year

Marine Le Pen could win French election

Investors are getting increasingly jittery about Europe. Political risk is ratcheting up as elections in the Netherlands, France and Germany over the coming months have the potential to threaten the very existence of the European Union and cause ructions...

Le Pen the biggest headwind

Improving geopolitics and falling inflation positive drivers