Putting equity returns in perspective

Livewire Exclusive

Livewire Markets

Putting equity returns in perspective. Paul Moore, CIO of PM Capital, says in his opinion the injection of QE in Europe was a waste of time. You are better off focusing on structural reform and government policy. I think the reason QE has been so extreme is because the structural reform has been lagging. In the end what is happening with a lot of this liquidity is it is sitting on bank balance sheets doing nothing. Moore believes that central bank intervention creates an environment of conservatism in companies which is currently delaying investment activity in the economy. Moore says the distortions in interest rates as a result of QE has made it difficult to assess the right differential between bonds and equities. In this short video he explains how he is putting equity returns in perspective. Watch the video:


MORE ON



Livewire Exclusive brings you exclusive content from a wide range of leading fund managers and investment professionals.

I would like to

Only to be used for sending genuine email enquiries to the Contributor. Livewire Markets Pty Ltd reserves its right to take any legal or other appropriate action in relation to misuse of this service.

Personal Information Collection Statement
Your personal information will be passed to the Contributor and/or its authorised service provider to assist the Contributor to contact you about your investment enquiry. They are required not to use your information for any other purpose. Our privacy policy explains how we store personal information and how you may access, correct or complain about the handling of personal information.