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Several funds fall victim to developments in Argentina

Argentine
On the 08.19.19 at 8:04AM

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By the editorial staff

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L'Agefi
Several funds, including Templeton, have suffered heavy losses after the electoral primaries last weekend.
Mariano Pernicone @ Flickr

Argentinian president Mauricio Macri’s heavy defeat last weekend in primary elections caught numerous investors off-guard, with the plunge in bond valuations with Alberto Fernandez’s victory triggering heavy damage.

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