Markets Magazine
No. 1 Bond Salesman in Emerging Markets Wants a Tad More Respect
He’s Argentina’s finance minister, selling debt for the biggest bond issuer in the developing world, and he can't believe investors are still doubting the rebound story.
Luis Caputo is getting frustrated with the bond market.
He’s guarded about it—he has to be. After all, he’s the finance minister of Argentina, the biggest bond issuer in the developing world, which means he’s constantly hitting up investors for cash. But the tension comes out deep into an hourlong interview in his Buenos Aires office. Why is it, the former Wall Street banker wants to know, that the investing community doesn’t appreciate all that the country has achieved?