The Oakmark Funds are advised by Harris Associates L.P. an autonomous subsidiary of Natixis Investment Managers, L.P.

Learn more about the principles and philosophy behind our funds at HarrisAssoc.com.

Harris Associates

111 South Wacker Drive, Suite 4600
Chicago, Illinois 60606
312-646-3600

Alex Fitch portrait

Alex Fitch, CFA

Partner and Portfolio Manager

Alex Fitch has been a manager for the Oakmark Select Fund and the Oakmark Equity and Income Fund since 2022. He is also the director of U.S. research and an investment analyst at Harris Associates as well as a vice president of the Oamark Funds.

He started at Harris Associates in 2011 as a research associate. Prior to that, he was an analyst at UBS.

Mr. Fitch earned a B.A. in economics and mathematics from DePauw University (2010).

Funds under management

Commentary

Oakmark Select Fund: First Calendar Quarter 2024

March 31, 2024

Amid the outperformance of growth stocks to start the year, we are finding attractive opportunities that meet our value investment criteria, which led to us initiating a new holding during the quarter.

Oakmark Equity and Income Fund: First Calendar Quarter 2024

March 31, 2024

Higher interest rates have improved the opportunities available in fixed income securities, and we currently see a more balanced risk-reward value proposition between equities and fixed income than we have in some time.

Oakmark Select Fund: Fourth Calendar Quarter 2023

December 31, 2023

We added significantly to information technology stocks early in 2023 as we believed the stocks were priced well below their intrinsic values. These holdings performed well and their stock prices have generally increased faster...

News + Insights

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News

Alex Fitch on the importance of mid-cycle earnings on “The JRo Show”

March 20, 2024

Portfolio Manager Alex Fitch shares the importance of mid-cycle earnings when valuing a business during an interview on “The JRo Show.”

Oakmark Equity and Income Institutional Class Ticker

News

Oakmark Equity and Income Fund wins 2024 LSEG Lipper Fund Award

March 14, 2024

The Oakmark Equity and Income Fund is honored to receive a 2024 LSEG Lipper Fund Award for best mixed-asset target allocation moderate fund over...

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News

Alex Fitch and Mike Nicolas on “The JRo Show” (02.20.24)

February 20, 2024

Portfolio Managers Alex Fitch and Mike Nicolas discuss how the firm defines value investing, its idea generation and research process, and how to estimate...

We do value investing differently

At Oakmark, we don’t have an opinion about how equities will perform this year, if a recession will start or if the political parties will produce pro-growth candidates during the next election cycle. As long-term investors, we don’t think it matters.