Entries filed under 'Small-cap Stocks'

    Finding Value in Volatility: A Recipe for Alpha Beta Soup

    November 11, 2015 10:40 AM by Lord Abbett Editorial Staff

    Forget the efficient market hypothesis. Determining intrinsic value in volatile markets rife with "fallen angels," "falling knives," and "dead cat" bounces is no random walk.

    (First of a three-part series.)

    In a recent conversation with a major client, Lord Abbett Partner and Portfolio Manager Tom Maher provided a rich perspective on how he, Lord Abbett Partner Justin Maurer, and the rest of their value team have managed during the latest market volatility.

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    Global M&A on a Roll

    July 17, 2015 4:40 PM by Lord Abbett Editorial Staff

    With a combination of low interest rates, collapsing oil prices, and the search for new drugs in the pharmaceutical industry, mergers and acquisitions have surged to a near-record pace.  

    Let us prey. Pardon the pun, but this phrase seems a fair description of the mindset behind the staggering level of mergers and acquisition (M&A) activity. Led by a resurgence of deals totaling more than $5 billion, the value of worldwide M&A hit $3.5 trillion during 2014, a 47% increase over 2013, marking the strongest year for deal making since 2007, Thomson Reuters reports.1 And volumes in 2015, propelled by record valuations in the United States,2 could be even higher.

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