Michael Hasenstab Down $3 Billion On Ukraine Debt Bet – ValueWalk Premium

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,

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