Eurozone

Cyprus has told European authorities it intends to apply for a bailout, making the country the fifth eurozone country to request international aid.

European equities lost ground in afternoon trading ahead of a crucial EU summit, as Spain officially asked its eurozone neighbours for a bailout.

EUROZONE CRISIS

FIXED INCOME

FIXED INCOME

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.

The Bank of England has warned hedge fund managers the eurozone crisis could result in a clampdown on their activities.

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

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.