The Outlook for Greece
With the situation in Greece continuing to cause uncertainty for investors, we round up the thoughts and analysis from leading fund management groups.
Fidelity - ECB holds key to Greece, 06 July 2015
Attention is already shifting from Greece’s surprise No vote in Sunday’s referendum to what next for the beleaguered economy. And that means all eyes are on the European Central Bank (ECB), which holds the purse strings for Greece’s vulnerable banks.
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Henderson - Greece: more of a contagion to sentiment than markets (so far), 06 July 2015
We found it surprising that the Greeks voted so strongly for a ‘no’ [to austerity] given most commentators and prior polling showed more mixed opinions.
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Greece more of a contagion to sentiment than markets (so far)