Hedge Funds

Greek play fuels gains for Adelante’s Emerging Debt Fund Greek play fuels gains for Adelante’s Emerging Debt Fund

by

Julian Adams
A profitable foray into Greek debt has been one of many diverse contributors to a strong performance this year by Julian Adams’ long-running Adelante Emerging Debt Fund – a strategy that targets improving and deteriorating sovereign credits, as well as official debt restructurings, in the fast-expanding and increasingly opportunity-rich global sovereign debt arena.

The fund, which Adams has been running continuously since launch in 1999 under a variety of different ownership structures, is up by over 10% this year in what has been a fairly buoyant period for emerging market debt managers.

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