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European Union


Brexit Britain: Heading for a Variant of the Norwegian Model?
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No country has ever left the European Union, and investment professionals are wondering whether the Brexit outcome will resemble a Norway model, a Swiss model, or something else entirely.

A Brexit Is a Lose–Lose Proposition
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If the United Kingdom withdraws from the European Union (EU), everyone stands to suffer.

Economic Activism: Europe’s Struggles with Monetary and Fiscal Policy
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When monetary policy is activist and fiscal policy is gridlocked, overturning decades of precedent, how can investment professionals adapt?

Checking Assumptions and Challenging Mindsets: A Crucial Investment Strategy
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If we truly aim to serve clients and our societies to the full, prudence guides us to check the assumptions and challenge the mindsets we instinctively rely on.

ECB’s Yves Mersch: Newfound Calm in European Markets Reflects Credibility of Reform Effort
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In the closing keynote address, Mersch sought to explain how recent policy initiatives have addressed problems brought about by the original design flaws of European monetary union (EMU).

“Heart Breaking” and the Future of the Eurozone: Kai A. Konrad on European Convergence
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Kai A. Konrad’s work studying political economy and public economics has given him some unique insights into the ways that individuals and groups interact to achieve their desired objectives.

Yves Mersch: Europe’s Banking Union Can Tackle the “Doom Loop”
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Yves Mersch, executive board member of the European Central Bank, says a banking union is central to a functional Eurozone — threats from southern European banks are unlikely.

The Traditional Alternative: Why Investing Should Return to the Stone Age
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Saker Nusseibeh questions the basics of today’s investment practice and draws parallels with medieval alchemists who sought to create wealth from nothing.

Whither the Euro? Seeking Resolutions for the Eurozone
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Unsurprisingly, a major theme of the Fifth Annual CFA Institute European Investment Conference was the prospect for the euro. While speakers put forward different arguments, ultimately it seems the resolution must come from choices made about the political economy.

Felix W. Zulauf and European Investment Opportunities
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Felix W. Zulauf of Zulauf Asset Management has avoided some of the worst economic collapses of the past two years. At the Fifth Annual European Investment Conference, he will look at investment opportunities in Europe.