Europe
- European equities got off to a strong start in 2019, recovering from the late 2018 pullback on the heels of dovish central bank statements and better-than-feared earnings reported by the region’s blue-chips.
- Despite an economic slowdown in the region, and seemingly endless confusion over which form of “Brexit” the U.K. will eventually plump for, the S&P Europe 350® notched in a double-digit Q1 return.
- Sovereign bond indices were up across the board this month, and this quarter. With inflation expectations ticking up, U.K. inflation linked gilts had a rip-roaring month, gaining 7%.
