John Addeo
Make the most of high-yield liquidity: it won't last for ever, says the portfolio manager at MFS Investment Management in Boston. Interview by Dalia Fahmy
John Addeo doesn't mind poor balance sheets. In fact, he likes them. "Companies with good businesses and bad balance sheets are one of my favourite things in the world," says the 44-year-old portfolio manager in charge of high-yield investments at MFS Investment Management.
At a time when companies have so much debt on their balance sheets, he explains, a smart portfolio manager can find value if he can spot a company committed to reducing its debt - an ability which has powered his strong
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact info@risk.net to find out more.
You are currently unable to copy this content. Please contact info@risk.net to find out more.
Copyright Infopro Digital Limited. All rights reserved.
As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (point 2.4), printing is limited to a single copy.
If you would like to purchase additional rights please email info@risk.net
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. As outlined in our terms and conditions, https://www.infopro-digital.com/terms-and-conditions/subscriptions/ (clause 2.4), an Authorised User may only make one copy of the materials for their own personal use. You must also comply with the restrictions in clause 2.5.
If you would like to purchase additional rights please email info@risk.net
More on People
Girolami to leave LCH for NatWest
Clearing house CEO named CIB head for UK lender
People: SocGen and Nomura spot slew of FX hires, RepoClear gets new head, and more
Latest job changes across the industry
People: All fall in at Citi, TD turbulence, and more
Latest job changes across the industry
Asia moves: senior hires at Citi, BNP Paribas, and more
Latest job news from across the industry
People: Masters moves into FNZ, Two Sigma founders step back, and more
Latest job changes across the industry
Cardano’s Max Verheijen moves to BasisPoint
Verheijen spent 24 years at the Dutch pension advisory firm
People: SocGen’s Farah replaces Salorio, Deutsche makes credit hire, and more
Latest job changes across the industry
Coex Partners hires former Citi head of FX Apac sales
Matt Long joins Coex in Singapore to oversee FX execution and trading strategy for regional clients
