由于对冲基金愈发担心，自己针对希腊及其它疲软欧元区经济体特定主权债务的交易头寸会遭遇监管反弹，它们正转而加大做空欧元的力度。
Hedge funds are raising their bets against the euro amid growing fears of a regulatory backlash against their trading positions on the specific sovereign debt of Greece and other weak eurozone economies.
欧洲政界人士强烈抨击称，对冲基金针对有关国家的投机加剧了一些市场的信心危机。全球许多最大型的对冲基金对此类抨击日益感到不安。
Many of the world's biggest hedge funds have become increasingly concerned about fierce criticism by European politicians that their country bets have heightened the crisis of confidence in some markets.
英国市场监管机构金融服务管理局(FSA)主席特纳勋爵(Lord Turner)昨天表态，支持调查从主权债和企业债价格下跌中获益的那些金融工具中的投机性头寸，从而成为最新一位支持此类措施的重量级人物。
Lord Turner, the chairman of the Financial Services Authority, the UK market regulator, yesterday became the latest heavyweight figure to add his support to an investigation into speculative positions in financial instruments that gain from a fall in prices of sovereign and corporate debt.
布勒旺霍华德(Brevan Howard)、摩尔资本(Moore Capital)等对冲基金已得出结论，认为针对欧元区个别国家的头寸所面临的政治与监管风险目前已经难以接受。
Hedge funds such as Brevan Howard and Moore Capital, have concluded that the political and regulatory risks associated with positions against individual countries in the currency bloc were now too unpalatable.
在近日致投资者的一封信中，布勒旺霍华德表示，针对欧元区政府债券的做空交易“已蔓延开来，参与者众多，价格已充分反映基本面”。布勒 旺霍华德是欧洲最大的对冲基金，管理着约270亿美元的资产。
In its most recent letter to investors, Brevan Howard – Europe's largest hedge fund with around $27bn of assets under management – said that the short trade in eurozone government bonds was “extended, crowded, fully prices the fundamentals”.
信中还说，这类交易“面临的监管压力与2008年金融股空头头寸所面临的类似”。布勒旺霍华德表示，该基金已结清所有针对欧洲主权债的头寸。
The letter added that the trade was “exposed to a regulatory squeeze as occurred on short positions on financial stocks in 2008”. It said the fund has closed out all of its positions on European sovereign debt.
在摩尔资本近日致投资者的一封信中，该基金指责欧盟当局“胡乱归咎”，并表示它目前并无针对希腊债务的净空头头寸。摩尔资本管理的资产 略少于150亿美元。
In a recent letter to investors, Moore Capital, which manages just under $15bn of assets, accused EU authorities of “uninformed blame casting” and said that it currently had no net short position against Greek debt.
知情人士透露，管理着320亿美元的美国基金保尔森公司(Paulson & Co)也已结清针对希腊的头寸。去年该基金曾因做空美国抵押贷款市场而表现突出。
Paulson & Co, the $32bn US fund that shot to prominence shorting the US mortgage market last year, has also closed out its positions against Greece, according to people familiar with the situation.