Argentina Concern Hits Corporates, Banks

Mar 12, 2013

As the markets await a court ruling on Argentina’s ability to continue paying restructured creditors, investors say the uncertainty extends beyond the sovereign. “One of the ancillary concerns is what does happen to the corporate side and the provincial side. How does the government react? It’s so mercurial, you’re not really sure,” says John Carlson, portfolio manager at Fidelity. “Argentina will...

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