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Bain: Think again before investing in western Europe

Thinking of making new investments in western Europe? The advice from one management consultancy is blunt: don’t

Bain: Think again before investing in western Europe
Photo: iStockPhoto

Thinking of making new investments in Western Europe? The advice from one management consultancy is blunt: don’t.

Warning of the likely break-up of the European common currency, Bain & Co has advised its clients to freeze new investments and manage down exposures if possible. "This is one of the few times when it will likely pay to take a step back," it said in an unpublished note to clients seen by The Wall Street Journal.

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