Acadian said it believes the growing convergence between emerging and developed countries along several key metrics should offer long-term benefits to investors in emerging market debt. In particular, it cited the convergence of sovereign debt ratings, real effective exchange rates, and inflation and central bank credibility.
The Acadian Emerging Markets Debt Fund will be managed by John Peta and L. Bryan Carter who joined the firm in April, 2007. Acadian’s approach combines fundamental analysis, focusing on the determinants of economic growth, with quantitative research.