What’s happening to the Greece ETF?

In 2012, we suggested that brave investors could invest in Greek stocks via the Lyxor FTSE Athex 20 ETF. Here, Matthew Partridge updates on its performance.

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Greek stocks will bounce back

In June 2012, we suggested that investors with a strong stomach might want to invest in the Greek stock market using the Lyxor ETF FTSE Athex 20 (Paris: GRE) to take advantage of the rock-bottom valuations, in the hope that the crisis would be resolved one way or the other.

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Dr Matthew Partridge
Shares editor, MoneyWeek

Matthew graduated from the University of Durham in 2004; he then gained an MSc, followed by a PhD at the London School of Economics.

He has previously written for a wide range of publications, including the Guardian and the Economist, and also helped to run a newsletter on terrorism. He has spent time at Lehman Brothers, Citigroup and the consultancy Lombard Street Research.

Matthew is the author of Superinvestors: Lessons from the greatest investors in history, published by Harriman House, which has been translated into several languages. His second book, Investing Explained: The Accessible Guide to Building an Investment Portfolio, is published by Kogan Page.

As senior writer, he writes the shares and politics & economics pages, as well as weekly Blowing It and Great Frauds in History columns He also writes a fortnightly reviews page and trading tips, as well as regular cover stories and multi-page investment focus features.

Follow Matthew on Twitter: @DrMatthewPartri