John Addeo

- By Risk Staff
- 01 Jun 2007

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

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