Investors hedging against Greece, but there's no panic

New York

GLOBAL investors are hedged against a potential exit of Greece from the eurozone ahead of Sunday's referendum, but they're not betting on a huge fallout in financial markets even if there is a negative outcome.

Currency, bond, and equity investors have turned defensive, trimming exposure in the eurozone. They're generally of the mindset, though, that a last-minute deal will be struck and it will be an opportunity to snap up eurozone assets again.