Wasatch Global Value Fund® (FMIEX)  Invest in this Fund 

Investor Class | Institutional Class
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Managed by a team of Wasatch portfolio managers led by
David Powers, CFA, CAIA, CPA

 

Dave Powers
David Powers, CFA, CAIA, CPA
Fund Tenure: 4 years
Wasatch Tenure:4 years
• Lead Portfolio Manager, Wasatch Global Value Fund
• Lead Portfolio Manager, Wasatch Long/Short Fund
Industry Experience:23 years
• Portfolio Manager, Eagle Asset Management
• Portfolio Manager, ING Investment Management
• Senior Investment Analyst, ING Investment Management
• Portfolio Manager, Senior Investment Analyst, Federated Investors
• Portfolio Manager, State Teachers Retirement System of Ohio
Education:Kent State University, M.S. in Accounting

Kent State University, M.B.A.

Fairleigh Dickinson University, B.S. in Accounting

Mr. Powers joined Wasatch Advisors in 2013. He is the Lead Portfolio Manager for the Wasatch Global Value Funds and Wasatch Long/Short Fund.

Mr. Powers has many years of investment-research and portfolio-management experience, mainly with large-cap value stocks.  Prior to joining Wasatch Advisors, he served as a portfolio manager with Eagle Asset Management.  Earlier, at ING Investment Management, he was the portfolio manager for the ING Large Cap Value Fund.  While at ING, he also worked as a senior sector analyst covering energy, telecommunication services, utilities and materials.  His experience encompasses several senior investment positions, including as a portfolio manager with Federated Investors.  He began his investment career at the State Teachers Retirement System of Ohio.

Mr. Powers holds a Bachelor of Science in Accounting from Fairleigh Dickinson University and both a Master of Science in Accounting and a Master of Business Administration from Kent State University.  He is also a CFA and CAIA charterholder, and has his Certified Public Accountant designation.

Dave grew up in the Northeast, is an avid sports fan and loves to travel.  He enjoys spending time with his family, reading mystery novels and playing basketball.

Learn more about the experience of the Wasatch Research Team

As of 10/31/17, the Wasatch Large Cap Value Fund changed its name to the Wasatch Global Value Fund. Prior to 10/31/17, the Fund's primary benchmark was the Russell 1000 Value Index.

Investments in value stocks can perform differently from other types of stocks and from the market as a whole and can continue to be undervalued by the market for long periods of time. Loss of principal is a risk of investing.

Investing in foreign securities, especially in emerging markets, entails special risks, such as currency fluctuations and political uncertainties, which are described in more detail in the prospectus.

CFA® is a trademark owned by CFA Institute.