► Subscribe to the Financial Times on YouTube: http://bit.ly/FTimeSubs<br /><br />It has been a stormy month for bonds, but Philippe Berthelot, head of credit at Natixis Asset Management, is optimistic about European credit given it is relatively cheap. He explains to the FT’s Dan McCrum the factors persuading him to be positive.<br /><br />For more video content from the Financial Times, visit http://www.FT.com/video<br /><br /><br />Twitter https://twitter.com/ftvideo<br />Facebook https://www.facebook.com/financialtimes
