Asian investors dismiss the prospect of a eurozone spillover from the Cyprus bailout, but see penalising depositors as a dangerous precedent that could spark bank runs in the bloc.
Tag : eurozone
Fund managers see September’s ECB bond-buying pledge as a potential turning point, but concede that eurozone equities are still a tough sell to Asian investors.
Fixed income and balanced funds remain more popular, but low stock valuations offer tempting opportunities, says the CIO of the firm's global equity group.
Deteriorating economic conditions will force a resolution to the eurozone crisis, but US growth will slow next year, it argues.
