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Is Argentina a risk worth taking ?

  Argentina is a frontier market with an unpalatable tendency for suffering economic crises and political instability. But it is also one where risk-takers can reap rewards. By Jude Webber | Financial Times #adp02 That is why, despite the warning signs of economic overheating and inflation expected to climb to around 30 per cent this year, institutional investors are finding appeal, especially in the fixed income market. “I think the fundamental reason is valuations,” says Ricardo Maxit, chief executive…