Stuart Culverhouse Head of Sovereign & Fixed Income Research
June 12 2019
Argentina: Macri's pick for VP – a positive move
President Mauricio Macri has picked a moderate Peronist, Senator Miguel Pichetto, as his vice-president running mate ahead of the presidential election on 27 October (primaries will be held on 11 August). A former Kirchnerite and recent critic of Macri, Pichetto has in recent years become a moderate Peronist, moving into the Alternativa Federal (AF) camp.
The move could be described as a surprise, but we believe observers had expected Macri either to choose somebody from within his ruling Cambiemos coalition or seek to bring in a moderate Peronist (a few names had been mentioned). Reports suggest Cambiemos has been talking with the AF for a while...
The content listed on this page is freely available and contains no investment recommendations. It is therefore not classified as research under MiFID II. All reasonable steps have been taken to ensure this content is accurate at the time of publication. Information provided should not be construed as investment, financial or professional advice under any circumstances. For more information, please see our Terms & Conditions.