Meeting At World Bank Points To Sovereign Debt Solutions

HFA Padded
Mark Melin
Published on
Updated on

Get ready for more courtroom drama similar to that between Argentina and hold out investors if the structural issues in sovereign debt default are not addressed. Consensus in IMF meeting says other nations to follow Argentina At a recent International Monetary Fund meeting in Washington D.C., a consensus emerged that if changes are not made to U.S. law a host of other countries could follow Argentina’s lead.  Sean Hagan, General Counsel of the IMF, said the New York court decisions against Argentina could exacerbate the hold-out problem. He said that there are $900 billion in outstanding bonds and that if…

This content is exclusively for paying members of Hedge Fund Alpha

Insider Strategies and Letters to Shareholders from the Top Hedge Funds and Maximize Your Portfolio Growth with Hedge Fund Alpha

Don’t have an account?

Subscribe now and get 7 days free!
This article is only available for Premium Members
Subscribe today and get :
Insider Strategies and Letters to Shareholders from the Top Hedge Funds
Exclusive Access to coverage of Private, Closed-Door Investor Conferences
Hedge Fund Manager Research Currently Producing 21% – 40% Returns Annually

Don’t have an account?

Subscribe now and get 7 days free!
HFA Padded

Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.