Geffen backs Monti to steer eurozone out of meltdown

Natalie Kenway
clock

Neptune founder and CEO Robin Geffen has ruled out the possibility of a eurozone breakup following a meeting with Italian Prime Minister Mario Monti.

Geffen is so encouraged by the PM’s plans for the country, which he said is at the “epicentre” of the eurozone’s problems, he believes Monti’s drastic actions will help resolve the crisis by 2015. “Italy is a large domino that cannot be allowed to fall over. It is encouraging to see a prime minister with considerable support from voters taking difficult actions, which he is aware could burn up this support, in order to get Italy back on the straight and narrow. “He will sort Italy out and step down when the job is done in 2015.” Geffen attended a roundtable in London with the PM last...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Investment

Partner Insight: Quality growth could mean long term gains

Partner Insight: Quality growth could mean long term gains

By focusing on businesses with high and sustainable profitability that reinvest their earnings, investors can harness the power of compounding over time. Read how in this Q&A with Obe Ejikeme, Fund Manager of FP Carmignac Global Equity Compounders.

Sarka Halas
clock 03 December 2024 • 7 min read
Generative AI expands into investment processes but fails to replace fund managers

Generative AI expands into investment processes but fails to replace fund managers

‘We are cautious about the hype’

Sorin Dojan
clock 29 November 2024 • 4 min read
Stories of the Week: FCA urged to adopt reforms; US economy expands by 2.8%; UK watchdog delivers plans to regulate cryptocurrency

Stories of the Week: FCA urged to adopt reforms; US economy expands by 2.8%; UK watchdog delivers plans to regulate cryptocurrency

FCA, US economy and cryptocurrency regulation: The biggest stories from the world of investment and asset management this week

clock 29 November 2024 • 1 min read
Trustpilot