Chavez’s 692% Bond Gain Seen Living On to Fidelity: Andes Credit
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If you liked the 692 percent bond return Hugo Chavez delivered during his 14 years as Venezuelan president, Fidelity Investments and Schroder Investment Management Co. say you have nothing to fear from his successor.
Vice President Nicolas Maduro, who takes over as interim president and is favored in polls to win emergency elections, pledged to continue his socialist mentor’s plan upon announcing yesterday that Chavez died after a two-year cancer battle.