South American Real Estate News
/ Category / Templeton Funds

Templeton Funds: “Argentina suffered a speculative attack but is now recovering”

The head of the largest investment fund in Argentina attributed the dollar crisis to misinformation in the financial markets. One of the biggest investors in Argentina said that the financial crisis is ending, and he blamed the chaos that hit the market this summer a “massive speculative attack” and the exaggerated reaction at a local level. The funds controlled by Michael Hasenstab, a major fund manager of Franklin Templeton, invested about 4.6 billion dollars in Argentine debt, betting that the…
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on PinterestCheck our RSS Feed