Argentina has reached an agreement to receive a $50bn loan from the International Monetary Fund (IMF) over a three-year period, as the country looks to halt rising inflation and improve its struggling economy.
Subject to approval from the IMF board, reports initially suggested the loan would be $30bn when President Mauricio Macri appealed to the IMF on 8 May for an emergency package in an effort to avoid a financial...
Months of negotiations
PARTNER INSIGHT: Ian Lance and Nick Purves, managers of the TM RWC UK Equity Income Fund, analyse the tug of war between value and growth that is being observed in markets today and why the future for value investing looks bright.
PARTNER INSIGHT: Ian Lance and Nick Purves, portfolio manager of the TM RWC UK Equity Income Fund, discuss the opportunity shift from growth to value after ten years of underperformance.
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Increased by ten percentage points