Fund managers expect Europe - a forgotten player in investment terms - to emerge a "stronger player" from the Greek debt debacle.
Pan-European ETF assets under management (AUM) have hit an all time high, increasing 47.37% to €162.49bn over the year, according to Lipper.
Taking on International PMI business can stave off competition from other market sectors and be a profitable addition to a business' line up, says Andrew Apps
US and European markets tumbled this afternoon amid fresh concerns over the state of the US economy.
Following the market lows in early March 2009, there was a strong rally in UK equities as confidence grew throughout last year over the increasing signs of a recovery despite the economy struggling to leave recession.
Greece has greatly threatened its chances of an EU bail-out by slamming Germany over war-time atrocities and accusing Italy of hiding public debt.
Mike Morrison discusses how the recent Carson case should heighten awareness of pension issues for those who have retired abroad
The standoff between Greece and the EU refuses to lie down, however it was IFAonline.co.uk's sister title 'Risk' magazine which skilfully pinned down the exact numbers in an article published in 2003.
Greece is preparing to launch a multi-billion euro bond issue in order to manage its short term debt and ballooning budget deficit.