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Hedge fund firm LNG bets on short-dated Greek bonds

Ekathimerini.com – Hedge fund firm LNG Capital is betting on short-dated Greek bonds as one of a number of managers to believe the debt-laden country could end up paying back some of its bondholders at face value.

Louis Gargour, chief investment officer at the London-based firm, told Reuters he has built up positions in Swiss franc-denominated Greek bonds maturing in May next year and U.S. dollar-denominated bonds maturing in July.

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One Response to Hedge fund firm LNG bets on short-dated Greek bonds

  1. Yes, I too believe Greek debt-laden could end up paying back some of its bondholders at face value.

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