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Rating:New Lord, Abbett Website Targets Individual Investors Not Rated 3.0 Email Routing List Email & Route  Print Print
Friday, November 02, 2007

New Lord, Abbett Website Targets Individual Investors

News summary by MFWire's editors

Lord, Abbett just launched a new corporate website. The new site is designed for the individual investor, and is divided into several sections, such as: My Account, Mutual Funds, Commentary, Retirement Planning, and About Lord Abbett.

Lord, Abbett & Co. LLC (“Lord Abbett”), an independent, privately held investment management firm, launched its new corporate Website (www.lordabbett.com). The Website offers improved navigation, a fresh design, and helpful tools and commentary for individual investors to best work with financial advisors, and to learn more about Lord Abbett.

The firm undertook several months of research, market testing, development, and internal review prior to the site’s launch. In addition, Lord Abbett is examining new technologies in order to create innovative sites that will further assist financial advisors, institutional clients, and to better service the firm’s international clients, particularly in Europe and Asia.

Lord Abbett Managing Partner Daria Foster said, “Lord Abbett is committed to the quality of our shareholders’ investment experience, and the website is a critical component of the partnership with our clients.”

This new site is designed for the individual investor, and is divided into several, easy-to-use sections, such as: My Account, Mutual Funds, Commentary, Retirement Planning, and About Lord Abbett.

- The Mutual Funds section of the site provides the latest prices and performance information for Lord Abbett funds; the funds’ goals, strategies, and risk characteristics; and the latest commentary and analyses from portfolio managers.

- The Commentary section provides Lord Abbett’s latest perspectives on financial markets; publications, including The Lord Abbett Review and Lord Abbett Insights; offers current market information and trends with, for example, Economic Insights and Market View; and postings of Q&As with our “Ask the Economist” section.

- The Retirement Planning section offers details on different kinds of IRAs and IRA contribution and distribution rules; and advice for business owners to enable them to research the appropriate retirement plan for themselves and their employees, and how to work with a financial advisor to establish a plan.

- The About Lord Abbett corporate pages offer the firm’s philosophy, describing the responsibility and stewardship of managing clients’ assets, as well as a link that outlines the firm’s proud heritage and future vision.

Note to Editors

The Lord Abbett press room has been redesigned, and we invite you to visit www.lordabbett.com, then click Press Room, and provide any feedback that you have so that the firm can best meet your needs and deadlines.

About Lord Abbett

Lord, Abbett & Co. LLC is an independent, privately held firm with a singular focus on the management of money. As a trusted steward and one of the oldest money management firms in the United States managing two of the nation’s oldest mutual funds, we manage approximately $116 billion in assets as of September 30, 2007, through a full range of mutual funds, institutional, and individually managed accounts. Lord Abbett has consistently provided generations of clients and their financial advisors with a quality investment experience since 1929. We approach our business as a craft, driven by core fundamentals: an unwavering discipline and commitment to a reproducible process; integrity that is as much an asset as the portfolios we manage; accountability for every decision we make; dedication to the prudent stewardship of our clients’ assets; and intellectual rigor across all aspects of our business.

For more information on Lord Abbett mutual funds, please call 888-522-2388 or visit our Website at www.lordabbett.com for a prospectus. Read the prospectus carefully before investing.  

Edited by: Erin Kello

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