Natixis's Raby Sees No ECB Policy Normalization in 2019

The video discusses the multi-boutique business model of Fidelity, emphasizing fee discipline and value for clients. It highlights the ability to maintain steady fee rates despite market pressures, thanks to a strategic focus on liquid and illiquid alternatives. The impact of lower interest rates in the euro area is also examined, noting a slower growth environment and the lack of expected interest rate normalization in 2019.

What is the significance of maintaining steady fee rates in asset management?

What challenges does the speaker mention regarding fee pressure in the marketplace?

In what ways does the speaker suggest their business model allows for discipline in pricing?

How do lower interest rates impact growth in the euro area according to the discussion?

What does the speaker imply about the future of growth in Europe?