In recent weeks the problems surrounding the Greek economy and its subsequent EU bailout has grabbed all of the headlines.
Some commentators have cited the inflexibility of the Euro as a contributing factor and with Portugal, Ireland and Spain rumoured to be heading the same way as Greece is Europe on the verge of a financial...
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BofA Merrill Lynch survey
Investment sector reaction
Multi-asset managers have started reinvesting their high cash positions, with many topping up European exposure as Greece finally reaches a new deal with its creditors.
The bond market faces "strong headwinds" for some time as summer volatility returns and markets anticipate interest rate hikes, according to Invesco Perpetual's fixed income team.
The Pro Adviser Podcast
Following Bailey's BoE role