Europe’s best-performing sovereign debt fund manager over the last decade, Sandor Steverink, correctly predicted Portugal’s downgrade last week and says Ireland will soon follow.
Then it’s time to buy, he says.
Steverink, who is co-head of a team managing €26billion at Dutch insurer Delta Lloyd, plans to buy Irish bonds once the ratings companies cut the debt to junk as Moody’s Investors Service did with Portugal last week....
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