Market Musings - The Euro’s Hidden Success

Since the inception of the European common currency the euro bond market has grown spectacularly. While there are prominent political demands for the establishment of a more integrated and expansive capital markets union, we consider the expansion of the bond market realised so far as one of the lesser known triumphs of the euro.

However, with the pool of bonds growing strongly, this highlights the need for investors for an active approach. Having a thorough understanding of the market can allow active investors like us to add value, including in the sustainable bonds market.