Author: Valentijn van Nieuwenhuijzen, Head Multi-Asset στην NN Investment Partners
Markets have become a lot more turbulent since the beginning of 2015. Inspired by a broadening global recovery and the ECB’s willingness to enter QE space, markets still started last year on a posi-tive note. However, the benefit of hindsight teaches us that the excess optimism reflected in govern-ment bond and real estate markets in the first quarter of last year was actually a first sign that we had moved into a higher volatility regime.
