Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua
Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua
Cyprus
Money /  Markets & Investing

Cyprus bailout prompts fund managers to cut equity exposure

Top fund managers reduce exposure to equities as euro worries increase

Topic |   Cyprus
Jeanny Yu
Jeanny Yu

Updated: 2:51pm, 20 Jul, 2018

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Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua
Cypriots take to the streets to protest the terms of the rescue package imposed by the European Union, the European Central Bank and the International Monetary Fund. The Cyprus bailout has sent shockwaves through global markets and fund managers are taking a more cautious stance. Photo: Xinhua
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