Armstrong buys Greek bonds yielding 14.7%
Distinction Asset Management's Ana Armstrong has bought one-year Greek bonds yielding 14.7%, after Moody's downgraded the country's debt last month.
The manager of the £23m IM Distinction Diversified Real Return fund says she does not think there will be a default scenario or debt restructuring haircuts in the short term, making the 14.7% yield look...
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