Tuesday, March 12, 2013

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Ukraine Tests Templeton Star Hasenstab's Contrarian Style
The bet paid off in Ireland and it paid off in Hungary but star bond investor Michael Hasenstab's faith in distressed countries honouring their sovereign debts faces an even bigger test in Ukraine. For the moment at least the fate of a $5 billion-plus punt on Ukraine government debt by the Franklin Templeton manager does not look promising. Political tensions are roiling Ukraine; But then ... Read News

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