
Puente_Frontera Webinar
47 minutes Posted Apr 7, 2016 at 1:42 pm.
What are the major issues blocking Argentina from reaching a solution with creditors?
How large is the total payment that the country will have to make to settle with the so-called ‘vulture funds’.
At what rates do you believe the market will absorb the initial issuance of the expected $12 billion debt issuance?
What are currently the biggest worries for potential investors? Is it the fiscal deficit (currently 7.6% of GDP), or the government’s ability to make payments due on April 14?
Which subsidies have the government recently removed? How has the population responded to the 300-400% price increases? Are the rumors about pending reductions in VAT and income tax true?
Argentina has been internationally criticized for publishing false economic statistics in previous years. Do institutional investors believe that reporting integrity has been restored?
Argentina has the lowest investment to GDP ratio in the LatAm region (16%). How much policy emphasis will the government be placing on investment versus consumption-driven growth?
What is the best way for foreign investors to gain exposure to Argentina right now? What asset classes require a local account?
On the equity side, which listed companies are Puente currently recommending? What are currently the most liquid stocks in Argentina?
What is your front-running pick for a local equity that is not listed abroad?
Which Argentinian companies have ADRs that merit a closer look?
Why do you believe the equities market might contract in 2016? When do you expect the recovery to take root?
How might a potential Dilma Rousseff impeachment in Brazil impact Argentina?
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Show notes
The following is a summary of the main talking points:
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