Lord Abbett

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Lord, Abbett & Co. LLC is an employee owned investment manager. The firm also provides retirement services to its clients. It primarily provides its services to individuals, including high net worth individuals. The firm also manages accounts for banking or thrift institutions, investment companies, pension and profit sharing plans, other pooled investment vehicles, charitable organizations, corporations, and state or municipal government entities. It manages separate client focused equity, fixed income, and balanced portfolios. The firm also manages equity, fixed income, and balanced mutual funds for its clients.

It invests in the public equity and fixed income markets across the globe. The firm also invests in the convertible securities markets. It invests in growth and value stocks of micro-cap, small-cap, mid-cap, and large-cap companies. The firm categorizes micro-cap companies with market capitalizations between $25 million and $350 million and large-cap with market capitalizations above $2 billion. It benchmarks the performance of its equity portfolios against the S&P 500 Index, S&P Mid Cap 400/BARRA Value Index, and Russell Indices.

The firm invests in tax-free and taxable debt instruments to create its fixed income portfolios. It benchmarks the performance of its debt portfolios against the Lehman Indices and Merrill Lynch Indices. The firm utilizes a combination of its equity and fixed income strategies to manage the balanced portfolios. It employs a fundamental and a quantitative research with a bottom-up stock picking approach to create its portfolios. Lord, Abbett & Co. was founded in 1929 and is based in Jersey City, New Jersey.

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