Europe

Former Prime Minister Tony Blair said the UK must keep open the option of joining the euro if the current crisis is resolved.

Billionaire investor George Soros has called on Europe to start a fund to buy Italian and Spanish bonds, or risk the demise of the euro.

Henderson's John Bennett said European equities are in the very late stages of a bear market, providing "once in a generation" opportunities to buy the asset class.

A eurozone ‘divorce' is inevitable, according to Jupiter's John Chatfeild-Roberts, who suggested a German exit from the single currency might be a solution to the crisis.

UK Money Market funds swung back in to favour in May as investors looked to shelter money amid the ongoing eurozone debt crisis.

PIMCO's Bill Gross is wary of German bunds, saying there are few scenarios which they can do well and eurozone turmoil is hurting German balance sheets every day.

Henderson Global Investors' bond fund manager John Pattullo said the current crisis in Spain will result in Spanish bank bondholders taking severe haircuts, after a similar scenario in Ireland last year.

Max King, portfolio manager in Investec Asset Management's multi-asset team, asks whether the disparity between US and European equity market performance is justified, suggesting now could be the perfect entry point into stocks.

Niall Gallagher, European equities manager at GAM, has found value in unloved peripheral European equities overlooked by risk-averse investors.

SPECIAL REPORT: GERMANY