Fund Review: FPA Capital Fund Again In 30% Cash
FPA Capital (FPPTX) was managed by well known fund manager Robert Rodriguez, who was the CEO of First Pacific Advisors (FPA). Rodriguez took a leave in 2010. He returned to FPA in 2011. Rodriguez forecast the global financial crisis of 2008-09. In 2007, he moved to a cash level nearly 12 times that of the [...]
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