Alister G. Hough

Adelante is a dedicated emerging markets fund manager. Their Fund aims to capture the large capital gains opportunities available investing in exotic debt instruments. These opportunities will arise usually from potential credit events such as the lifting of an embargo or sanctions, debt restructurings, market-generated demand or countries opportunistically buying back their debt at distressed levels. Primarily a sovereign "event-driven" strategy, the portfolio is also diversified into other restructuring / recovery situations.

As the manager of discretionary accounts and private accounts WDB develops solutions tailored to suit the requirements of their clients. As the manager of mutual funds they aim to achieve long-term capital growth while outperforming specific indexes such as the FTSE World Index, the FTSE World Ex-UK Index, and the FTSE All Share Index. The firm places emphasis on careful stock selection and they combine in-house fundamental, quantitative and technical analysis with research from their sister firm, Evolution Securities, to provide recommendations. The WDB research department determines the overall investment strategy, although their investment managers are free to make specific investment decisions that best suit client needs, superimposing their in-house investment policy on research received from a variety of global securities houses.