We’re sorry to say that it won’t. This assertion partly reflects our strategic ‘bias’ in favour of the US market, which we have often expressed since 2009, given that in the past 40 years or so (i.e. since the markets have been strongly correlated), the US market has consistently outperformed the European market. While the Eurostoxx has, at times, outperformed sharply, these occurrences have been few and far between.