Some of Europe’s biggest fund managers have confirmed they are dumping euro assets amid rising fears over a possible Greek exit from the eurozone and single currency turmoil.
The euro’s sudden fall this month caught many investors by surprise. Europe’s single currency has lost 5 per cent in the past three weeks after barely moving against the US dollar for much of the year. Yesterday, the euro hit a fresh 22-month low at $1.2514.
Amundi, Europe’s second biggest private fund manager, and Threadneedle Investments, the big UK manager, have cut their exposure to the euro in recent days as frustration grows with political leaders’ efforts to resolve the crisis.
您已閱讀31%（662字），剩餘69%（1465字）包含更多重要資訊，訂閱以繼續探索完整內容，並享受更多專屬服務。