New York — The dramatic decline in Argentinian assets is wreaking havoc on some of the largest US money managers.

Funds with high exposure to the South American nation tumbled on Monday after President Mauricio Macri’s stunning defeat in primary elections over the weekend...

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.