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# Today at 12:00 PM ET: The Venezuela Thesis with Mercator, 1 CFP CE credit
- URL: https://www.leadlagreport.com/today-at-12-00-pm-et-the-venezuela-thesis-with-mercator-1-cfp-ce-credit/
- Published: 2026-09-02T13:45:00.000Z
- Updated: 2026-09-02T12:47:38.000Z
- Description: Hervé Van Caloen of Mercator Investment Management on the post-Maduro window, the Chevron licensing precedent, and the Argentina comparison. Live at noon, CE credit approved.
- Author: Michael A. Gayed, CFA
- Tags: Webinar, Sponsored

Hervé Van Caloen on the post-Maduro window, the Chevron licensing precedent, and the Argentina comparison. Live at noon, CE credit approved.

| [ ![The Venezuela Thesis, international investing beyond the consensus. Today at 12:00 PM ET. Hervé Van Caloen, President, Mercator Investment Management. 1 CFP CE Credit Approved.](https://storage.ghost.io/c/b8/9e/b89e006c-adc9-4384-b804-e802e23b544e/content/images/2026/09/header_mercator.png) ](https://us06web.zoom.us/webinar/register/WN%5FfatgHtEETyyjY6tG%5FrrY9Q?ref=leadlagreport.com) LIVE TODAY · 12:00 PM ET · 1 CFP CE CREDIT Most international allocations stop at MSCI EAFE. Hervé Van Caloen, President of Mercator Investment Management and a cross-border allocator for more than forty years, argues that is the mistake of the decade. His case is that Venezuela in the post-Maduro window is the most asymmetric emerging-markets setup he has seen in his career. Whether or not you end up agreeing, the session is a useful stress test of how you currently think about frontier and post-crisis exposure, and it carries CE credit. Today, Wednesday September 2 · 12:00 PM ET 60 minutes · Live on Zoom · Live Q and A Hervé Van Caloen, President, Mercator Investment Management [Register for today's 12:00 PM ET session](https://us06web.zoom.us/webinar/register/WN%5FfatgHtEETyyjY6tG%5FrrY9Q?ref=leadlagreport.com) This session was originally scheduled for August 27 and has since moved to today. If you registered earlier, your registration and join link carry over and you do not need to do anything. What the session covers •The political reset as a re-rating catalystWhy Hervé treats this as a multi-decade repricing rather than a headline trade, and what would have to be true for that view to hold.•The Chevron licensing precedentWhat OFAC License 41 signals about the direction of capital flow, and why licensing mechanics matter more than the political narrative.•The Argentina comparison, including where it breaksThe Milei re-opening is the closest live analogue. The session covers where the parallel holds and, more usefully, where it does not.•The 1990s Cuba license analog and pacingWhat an earlier sanctions-easing cycle suggests about how slowly or quickly this kind of window actually opens.•Three sector clusters ahead of the institutional bidEnergy, financials and consumer staples, and the reasoning for that ordering.•The risk framework, which is the part most sessions skipHow to size an allocation so that a re-freeze, a revocation of the Chevron carve-out, or spread compression does not damage the wider portfolio. Securities discussed during the session include Chevron (CVX), Grupo Aeroportuario del Sureste (ASR), MercadoLibre (MELI), Ecopetrol (EC), and Grupo Financiero Galicia (GGAL). They are named for illustration of the thesis being presented and are not recommendations. CE credit CFP CE credit is approved for live attendance. The 30-day on-demand recording is also eligible for CE credit, so registering is worthwhile even if you cannot make the live hour. Who it is for Financial advisors, RIAs, family-office allocators and HNW investment professionals looking past a US-centric portfolio. [Save my seat](https://us06web.zoom.us/webinar/register/WN%5FfatgHtEETyyjY6tG%5FrrY9Q?ref=leadlagreport.com) Registration stays open right up to the start. If the button does not work, use this link: [https://us06web.zoom.us/webinar/register/WN\_fatgHtEETyyjY6tG\_rrY9Q](https://us06web.zoom.us/webinar/register/WN%5FfatgHtEETyyjY6tG%5FrrY9Q?ref=leadlagreport.com) This is a sponsored educational session presented with Mercator Investment Management. It is educational in nature and is not a product pitch, an offer to sell, or a solicitation of an offer to buy any security. Views expressed are those of the presenter and not those of Lead-Lag Publishing, LLC. Nothing in this message is investment advice, and it does not account for the objectives or circumstances of any individual investor. International and emerging-markets investing carries additional risk, including political, currency, liquidity and sanctions risk. You are receiving this because you subscribe to The Lead-Lag Report. |
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