global competition

European asset managers must pursue economies of scale to stay competitive with their US counterparts, argues Vincent Juvyns, a market strategist at JP Morgan Asset Management. Fragmentation across Europe’s capital markets is also a key issue that hinders competitiveness, he says.

European gas and electricity prices break records almost daily. The effect of energy on an economy is often underestimated. Almost all economic activity consists of energy, but in a different form.