Fidelity International and Axa Investment Managers are worried they might lose their money after the collapse of Agrokor, warned Bloomberg on Wednesday. The value of Agrokor’s loans, € 520 million, has now been reduced to 4 cents per €. Because of this, Axa IM has formed a group with American hedge funds, Knighthead Capital Management and T. Rowe Price Group, which have acquired discounted bonds in the last three months and are working with PJT Partners in the hopes that they would recoup at least some of their money. At the same time, Invesco and Canadian Pension Plan Investment Board, facing the same predicament, have turned to Moelis to help them in negotiations with Agrokor.