Institution: Investors Bet on Venezuelan Political Changes to Drive Bond Market Value Recovery
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According to Golden Ten Data on January 4, Maciej Woznica, fixed income portfolio manager at Coeli Frontier Markets, which manages approximately $4.8 billion in assets, has been continuously purchasing Venezuelan bonds since May. He stated that the recent developments are positive for bond investors and "will drive bond prices to continue rising, gradually returning to normal valuation levels."
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