Europe’s Worst Currency Lures NN Manager Undaunted by Politics

  • Zloty weaker than all 12 currencies in the region this quarter
  • NN Investment Partners says economy makes it a zloty bull

Poland’s new leaders will probably soften a proposal to force banks to convert $35 billion of Swiss franc mortgages into zloty, according to a money manager whose contrarian bet calls for a rebound in eastern Europe’s worst-performing currency.

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