Lawrence Babin: Victory Diversified Stock Fund

The fund's co-manager says his ability to adapt to changing conditions has helped him rise to the top

For Lawrence Babin, two-time winner of the Standard&Poor's/BusinessWeek Excellence in Fund Management Award, investing is more an art than a science. "It's about making judgments without complete information," the 57-year-old manager of the Victory Diversified Stock Fund says. "We come to work every day not knowing what the market will bring." Because of that, Babin and his two co-managers employ a "pragmatic approach" which adapts to changing conditions.

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