Looking for returns in a world of low deposit rates

1st December, 2014

We believe interest rates will stay low globally for an extended period and for much longer than people expect. “Lower for longer” has become our mantra.

The fact that we live in times of extraordinarily low interest rates is dramatically revealed by the interest rate levels in most European government bond markets. For example, yields on Dutch ten-year sovereign bonds recently traded at all-time lows – the lowest in centuries of records, in...

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