The Sharpe Angle: CIO of emerging market investment firm makes the case for buying Ukrainian bonds
Emerging markets, specifically those in Eastern Europe, have been whipsawed amid the ongoing Russia-Ukraine conflict. With sanctions in place and Russia's hard default deadline approaching in April, investors are particularly focused on the region's sovereign debt - an area that Gramercy Funds has specialized in since its inception in 1998. Robert Koenigsberger is CIO of the $5.5 billion investment firm. He sat down with Leslie Picker to discuss his investment in Ukrainian bonds and why a 2022 Russian default would be very different from the country's financial crisis in 1998.
Thu, Mar 17 20222:05 PM EDT