Nearshore Americas

'King of the Bonds', Bill Gross, Takes the Plunge in Argentina

Billionaire fund manager Bill Gross has become the latest investor to take the plunge into Argentinian debt, adding the nation’s bonds to his $1.44 billion Janus Global Unconstrained Fund in May.
Argentina, as a result, has become one of the top 10 holdings of the Janus Global Fund, at a time when the country’s debt is posting the second-biggest returns in emerging markets over the past year.
The decision is a dramatic shift for Gross, who in December named Argentina, Venezuela and Zimbabwe as countries where inflation has grown due to lack of confidence in their currencies.

Matt Kendall

During his 2+ years as Chief Editor at Nearshore Americas, Matt Kendall operated at the heart of both the Nearshore BPO and IT services industries, reporting on the most impactful stories and trends in the sector.

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