For the final leg of our world tour of fund selector, we’re in Argentina where we catch up with Marcelo Di Cugno, president and CEO of Allaria Asset Management.
Our conversation took place shortly after a new debt deal was agreed between Argentina’s government and foreign bond holders.
Di Cugno said the country’s debt deal was reflective of the progress made by its financial services industry, which has been stymied by stumbles and political mishandling. ‘Five steps forward, one, two, three steps back,’ he said.
But he added that progress is being made, as the industry adopts better technology and has increasing access to international markets.