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A Value Investor Finds Hope Amid the Angst
Submitted by admin on Tue, 11/25/2008 - 10:52
Amid all market carnage, Robert Fetch, a veteran value investor at Lord Abbett, senses the makings of some big investment opportunities. "I am seeing valuations I haven't seen in decades, across the capitalization spectrum," says Fetch, 55, who runs $7.8 billion of assets. His responsibilities include helming the Lord Abbett Small Cap Value Fund (LRSCX), which is closed to new investors but which has bested 98% of its peers in its Morningstar category, based on 10-year returns.
Read his views on small-cap stocks.
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