Investors should be wary of two-speed economy, says BNP Paribas's Robert McAdie

rob-mcadie-barcap
Robert McAdie, BNP Paribas: any rate rise would hit Eurozone peripherals

Developed market corporates offer limited value in the current inflationary environment, according to Robert McAdie, global head of credit research and strategy at BNP Paribas in London.

In Europe, investors need to choose companies with strong international profiles over those whose revenues come mainly from their domestic market, as Europe is currently a two-speed economy with most of the continent lagging but Germany booming thanks to exports to Asia.

“Corporate balance sheets are relatively

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: