Saltear al contenido principal

Hedge Fund Investor Who Called Housing Crash Eyes Venezuela Debt

People hold a large Venezuelan flag in Caracas. Photographer: Carlos Becerra/Bloomberg

  • Altana Credit Opportunities Fund was up 27% through August
  • Lee Robinson says odds of US sanctions relief have risen

By Maria Elena Vizcaino / bloomberg.com

A hedge fund manager who correctly timed the crash of the US housing market and a crypto currency rally eight years ago thinks he’s found his next overlooked investment: Venezuelan debt.

Bonds the country defaulted on nearly five years ago are trading around record lows, with some oil debt available for 2 cents on the dollar. Adding to the risks, the government is under sanctions that prohibit US investors from buying the notes.

Ver artículo completo: https://t.co/OaEMdlfLJe

Deja un comentario

Tu dirección de correo electrónico no será publicada. Los campos necesarios están marcados *

Volver arriba