For Bank of England governor Mervyn King it is “a storm from the continent”, and a “more lethal phase” for George Soros, while the leader of the Greek left-wing Syriza party has warned of the danger of another World War. If nothing else, it is clear the eurozone debt crisis is coming to a head, once again. Unsurprisingly, the eurozone is the biggest worry for European asset managers, and few believe the situation will improve anytime soon, according to the annual Financial News CEO Snapshot Survey.

This year, 37 chief executives took part in the survey, which gauges their views on the health of the industry.