Absolute Return Focus. Investments require a compelling risk/reward proposition on an absolute basis.
Flexible Approach. Invest across capital structure, geographies, sectors and market caps. Allocation to fixed income will increase in the absence of compelling equity opportunities.
Deep Research. Independent, bottom-up, fundamental research process seeking to minimize risk.
Value investing does not protect against loss of principal and there is no assurance that the Fund will meet its objective.
On May 22, 2020, Source Capital, Inc. shareholders approved changes to the Fund’s fundamental investment restrictions. Please click here for detail.
Portfolio Manager, Investment Team, Equity and Asset Allocation
Portfolio Manager, Investment Team, Fixed Income
Abhi joined FPA in 2010. He serves as a Portfolio Manager and Co-Director of Research for FPA. Prior to joining the Firm, 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.
FPA New Income Fund
FPA Flexible Fixed Income Fund