Morgan Stanley has warned Germany could withdraw from the eurozone as the fallout from the Greek debt bailout continues.
Eurozone members have pledged up to €30bn in loans to Greece over the next year to help dodge a debt crisis which is seen as most serious challenge in the euro's existence.
F&C's multi-manager team has introduced a fund which offers a hedge against eurozone equity volatility.
The Eurozone economy failed to grow in the final quarter of last year, revised figures suggest.
A £20bn bailout plan to help debt-laden Greece has been agreed by all 16 eurozone countries.
Neptune's Rob Burnett has built up a 10% cash weighting in his European Opportunities fund and is continuing to position defensively in response to the region's recent economic concerns.
The euro has risen against the dollar this morning after the Greek government unveiled 4.8bn euros worth of austerity measures.
BNP Paribas is offering its Vol Edge fund to UK investors for the first time.
The eurozone economy will only grow around 1% this year, according to the head of the single currency block.
European leaders have reached an agreement to bailout Greece, which is suffering from a huge debt crisis.