Economics
Invesco Favors Putin Bonds Over Ukraine: Russia Credit
This article is for subscribers only.
Banu Elizondo just made it out of Kiev in February as deadly protests gripping Ukraine’s capital toppled President Viktor Yanukovych. With violence in the nation raging three months on, she’s seeking shelter across the border in Russia for the money she helps manage at Invesco Ltd.
“We are much more comfortable playing this story on the Russian side” than in Ukraine, Elizondo, who is part of a team that oversees $2 billion in emerging-market debt, said in a phone interview from her Atlanta office on May 28.