The FPA Queens Road team follows a disciplined four-step process seeking to identify companies with the greatest likelihood of maximizing after-tax returns while limiting volatility.
FPA Queens Road Small Cap Value Fund Portfolio Manager
Steve has served as the sole portfolio manager for the fund since its inception in 2002. Steve joined Bragg Financial Advisors (BFA) in 1999 as a research analyst. Prior to his work with BFA, Steve worked as Product Manager for GMAC Insurance and Reliance Insurance Companies. He received his BA from North Carolina State University in 1992 and his MBA from Wake Forest University in 1996. Steve is a member of the CFA Institute and the North Carolina Society of Financial Analysts.
FPA Queens Road Small Cap Value Fund Senior Analyst
Prior to joining the Queens Road Team, Ben spent 10 years at International Value Advisers (IVA). He was the senior analyst covering industrials and aero/defense with additional experience in financials, real estate, and TMT. Before joining IVA, Ben worked for RG Niederhoffer Capital Management, a managed futures fund, as a quantitative analyst and trader. Ben graduated from Columbia University with a BA in American History (honors) and a concentration in Physics in 2000. He received the Chanler Historical Prize (one awarded annually by faculty) and the Edwin Robbins Research Fellowship in American History (two annually). He earned his MBA from Columbia University in 2009.