Friday 26 February 2016
Argentina may be on the home straight of the marathon legal battle over the restructuring of its debts, but investors need to be wary that there are plenty of other strained countries that litigation-loving funds can swoop on if they want according to an article in Rueters. Professor Rodrigo Olivares-Caminal said: “The countries to focus on are the big ones that are in distress at the moment, Venezuela and Brazil. It is not an issue right now but you should also keep in the back of your mind Russia, and don't forget Africa either." Read the full article, titled 'INVESTMENT FOCUS-Another Argentina? Sovereign defaults could get messy' is available here.
- Professor Rodrigo Olivares-Caminal is Professor of Banking and Finance Law at Queen Mary's Centre for Commercial Law Studies (CCLS).