Source Capital, Inc. (SOR) seeks maximum total return for shareholders from both capital appreciation and investment income to the extent consistent with protection of invested capital.
Investments require a compelling risk-reward proposition on an absolute basis.
Invest across capital structure, geographies, sectors, and market caps. Allocation to fixed income will increase in the absence of competing equity opportunities.
Independent, security-specific, fundamental research process in both debt and equity with the goal of avoiding permanent capital impairment.
Abhi joined FPA in 2010. He serves as Portfolio Manager and Director of Research for the FPA New Income, Inc. and Portfolio Manager for the FPA Flexible Fixed Income Fund and Source Capital, Inc. Prior to joining FPA, Abhi was an investment analyst at Reservoir Capital Group and D.B. Zwirn & Co. and an investment banking analyst at UBS Warburg and Donaldson, Lufkin & Jenrette. He earned a Bachelor’s degree in Economics, summa cum laude, and an MBA from the Wharton School of the University of Pennsylvania.