Tom Atteberry, who joined FPA in 1997 and has led FPA New Income since 2010, will step down from portfolio management responsibilities on July 1, 2022, and assume a senior advisor role at the firm. The long transition should allow Atteberry time to formally hand off his remaining responsibilities to his skilled comanager since 2015, Abhijeet Patwardhan, who also has been director of research since that year. He’s also run FPA Flexible Fixed Income FPFIX with Atteberry since 2018.
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