As Germany changes its political leadership, Mirabaud Asset Management’s Hywel Franklin and Trevor Fitzgerald take stock of the country’s investment outlook.
After almost 16 years with Angela Merkel as Chancellor, it’s not an exaggeration to say that Germany’s recent election marks a significant hinge point for the biggest economy in Europe. Germany famous Mittelstand complex of small-to-medium-sized companies that pursue global dominance in high-value manufacturing niches is in the ‘sweet spot’ for both our Discovery Europe and Discovery Europe Ex-UK funds. This has led us to make the country our most significant national overweight in both funds.
This means it’s a good time to look into some key elements of the fund and their potential exposure to the policy choices Germany’s new government will face.
Merci pour votre vote !
Vous pouvez ajouter un commentaire (optionnel).
Dites-nous en plus (optionnel) :