What is Lord Abbett's approach to risk management?

Lord Abbett's approach to risk management is centered on a prudent and disciplined investment philosophy. They prioritize a rigorous analysis of the potential risks and rewards associated with each investment opportunity. The firm utilizes a combination of quantitative models and qualitative assessments to evaluate risk factors, including credit, market, and liquidity risks. Lord Abbett's investment team closely monitors portfolios, consistently reassessing risk profiles and adjusting positions as needed. They also emphasize diversification as a key risk management strategy, ensuring that investments are spread across various asset classes, sectors, and regions. Furthermore, the firm maintains a strong focus on risk control measures and adheres to a comprehensive risk management framework, designed to protect client assets while optimizing returns.