Acadian Launches Emerging Market Debt Fund

Acadian Asset Management has launched the Acadian Emerging Markets Debt Fund, joining the $946 million Acadian Emerging Markets Equity Portfolio, which it has been managing since 1993.

Acadian said there is a growing convergence between emerging and developed countries that should make emerging market debt attractive to investors over the long term, in particular the convergence of sovereign debt ratings, exchange rates, inflation and central bank credibility.

John Peta and L. Bryan Carter will co-manage the fund, combining fundamental analysis of economic growth and quantitative research.

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