The case for owning small cap stocks

Forrest St. Clair is a portfolio manager within the Global Institutional Solutions (GIS) group at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals. GIS is an investment team within Fidelity’s Asset Management Solutions division, an integrated investment, distribution, and client service organization dedicated to meeting the unique needs of the institutional marketplace.

In this role, Mr. St. Clair co-manages the Fidelity Small Cap Discovery Fund and the Fidelity Series Small Cap Discovery Fund. He is also a member of the Fidelity Institutional Asset Management (FIAM) Small Cap team and manages the small company strategy, which he has done since 2009.

Prior to assuming his current responsibilities, Mr. St. Clair co-founded Skystone Capital Management, a small cap equity investment management firm, where he served as portfolio manager from 2005 to 2007. Previously, he held various roles within Fidelity, including that of portfolio manager, equity research analyst, and equity research associate. He has been in the financial industry since 1998.

Mr. St. Clair earned his bachelor of arts degree in biology from Williams College.

Benjamin Treacy is an institutional portfolio manager for domestic equity and quantitative strategies at Fidelity Investments. Fidelity Investments is a leading provider of investment management, retirement planning, portfolio guidance, brokerage, benefits outsourcing, and other financial products and services to institutions, financial intermediaries, and individuals.

In this role, he is a member of the portfolio management team covering U.S. and Quantitative Equity strategies.

Prior to assuming his current responsibilities, Mr. Treacy was director, Investment Analysis at Fidelity Management and Research Company (FMR Co.) from 2000 through 2008. He was responsible for product management, product development, and analytical support for Fidelity mutual funds.

Before joining Fidelity in 2000, Mr. Treacy was an investment specialist at Standish, Ayer & Wood, Inc. in Boston from 1995 to 2000. His responsibilities included presenting investment strategies to prospective clients and consultants.

Mr. Treacy earned his bachelor of arts degree in economics from the University of Massachusetts, Amherst and his master of business administration degree from Babson College. He is also a CFA® charterholder.