Schroders is set to soft-close its European Alpha Plus fund, managed by Leon Howard-Spink.
Markets opened lower today as investors paused for breath following last week's Europe-led rally.
The ban on naked sovereign Credit Default Swaps (CDS) is not consistent with findings of research commissioned by the European Parliament.
The 50% haircut on Greek debt agreed at the EU summit last week has called into question the future of credit default swaps (CDS)as a hedging tool for bondholders.