Bloomberg τωρα: Να γιατι πούλησαν οι αγορες! Δεν περιμένουν επαναγορά ομολόγων απο την ΕΚΤ.

Jupiter Asset Management Ltd., which joined the likes of BlackRock Inc. to buy Greece’s government bonds in April, has sold all its holdings of the nation’s debt.
Ariel Bezalel, who helps manage Jupiter’s $51 billion of assets, said his fund started reducing its position in Greek debt “a few weeks ago” and disposed of the last portion yesterday, judging the European Central Bank won’t deliver a program of bond purchases known as quantitative easing.
“My concern is that there will be too much resistance from other members of the euro zone to actually launch a full-blown quantitative easing,” Bezalel said in a telephone interview today. “In that event, there will be a policy vacuum when the U.S. finishes its program. Risk assets are at risk.”
Greece’s bonds tumbled this week, pushing 10-year yields to the highest since January, after euro-area finance ministers clashed with the nation’s leaders over their proposed plan to leave the country’s bailout safety net. That in turn sparked concern that Greece won’t be able to finance itself at sustainable rates.
Jupiter, with investors including BlackRock and Invesco Ltd., was among companies that took part in Greece’s sale of five-year notes in April, marking the nation’s return to bond market after a four-year hiatus. Bezalel’s Jupiter Strategic Bond (JUPSTBA) fund returned an average annual 8.6 percent in the last five years and outperformed 96 percent of its peers, according to data compiled by Bloomberg.
“The euro-zone crisis at some point will start resurfacing in the near future,” Bezalel said. “Why should we own this stuff when it can go a lot lower?”