Fidelity, Vanguard Buy Turkish Debt as New Central Banker Tested
- CDS levels, currency slump rank Turkey alongside Argentina
- Fidelity’s Greer touts ‘alpha opportunities’ after rout
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By certain measures, Turkey looks a lot like Latin America’s worst serial defaulters. But some investors -- including Fidelity International Ltd. and Vanguard Asset Management Ltd. -- are finding plenty to like.