Emerging Markets Specialist Argo Eyes Bonds, Currencies

Nov 13 2012 | 2:04pm ET

Argo Group has launched a new hedge fund focused on bonds and currencies in emerging markets.

The new long/short fund, which debuted with US$7 million, invests from a universe of more than 40 countries, although the portfolio will have only between 20 and 30 names at a time. The Argo Local Markets Fund employs some leverage—but not enough to keep it from offering weekly liquidity.

"The case for investing in emerging markets is compelling," CEO Kyriaskos Rialas told Investment Week. "Bond yields in these countries are significantly higher than those in the developed world, while their debt burdens are lower and growth prospects better."


In Depth

Q&A: Decathlon Capital On Revenue-Based Alternative Lending

Oct 30 2017 | 3:49pm ET

The explosion in private credit activity since the end of the financial crisis is...

Lifestyle

CFA Institute To Add Computer Science To Exam Curriculum

May 24 2017 | 9:25pm ET

Starting in 2019, financial industry executives sitting for the coveted Chartered...

Guest Contributor

CAIS: How Technology is Disrupting the Alternative Investment Industry

Nov 7 2017 | 5:35pm ET

If there’s one thing that alternative investment professionals can agree on, it...