Insight EM debt fund surpasses $1 Bln

Assets under management in the Absolute Insight Emerging Market Debt Fund have grown to more than $1 billion, driven by a spike in investor interest in absolute return strategies in emerging market debt over the last 12 months. The fund invests in credit default swaps, bonds, interest rates and currencies, among other instruments, in an attempt to provide uncorrelated and risk adjusted returns by targeting attractive opportunities in EM debt.