Morgan Stanley Buys Argentine Stocks as YPF Deal Lures BlackRock

Morgan Stanley Buys Argentine Stocks as YPF Deal Lures BlackRock

The MSCI Argentina Index of five companies with operations in the South American country has rebounded 16 percent this year following a 39 percent rout in 2012 that was sparked by President Cristina Fernandez de Kirchner’s seizure of the nation’s largest oil company and restriction of imports and capital flows. Photographer Walter Moreno/Bloomberg