Emerging markets, specifically those in Eastern Europe, have been whipsawed amid the ongoing Russia-Ukraine conflict. With sanctions in place and Russia's hard default deadline approaching in April, investors are particularly focused on the region's sovereign debt - an area that Gramercy Funds has specialized in since its inception in 1998. Robert Koenigsberger is CIO of the $5.5 billion investment firm. He sat down with Leslie Picker to discuss his investment in Ukrainian bonds and why a 2022 Russian default would be very different from the country's financial crisis in 1998. For access to live and exclusive video from CNBC subscribe to CNBC PRO: [ Ссылка ]
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