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Vontobel, Neuberger See Opportunity in Argentina Local Bond Rout

Vontobel, Neuberger See Opportunity in Argentina Local Bond Rout

Bloomberga day ago
Money managers are piling into Argentina's local markets, seizing on the steep selloff in the peso and domestic bonds to increase exposure to the country's assets.
Vontobel Asset Management has been buying Boncer bonds — inflation-linked notes issued by the government — while Neuberger Berman has snapped up non-deliverable forwards and local debt. At JPMorgan Chase & Co., strategists are urging clients to bet on peso-denominated Bontam bonds maturing in December 2026.
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