Michael Hasenstab Down $3 Billion On Ukraine Debt Bet

Franklin Templeton’s Michael Hasenstab has lost $3 billion on his Ukrainian bond purchases as the value of the securities collapsed as the conflict with pro-Russian rebels deepened an economic recession.

Michael Hasenstab is reportedly Ukraine’s biggest private creditor as he owns about half of Ukraine’s international bonds.
Michael Hasenstab loaded up over $7 billion Ukraine bonds
Michael Hasenstab’s fund has historically outperformed markets and his peers. However, exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

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