"This type of environment  makes my job quite easy," says fund manager David Herro, who is...

|By:, SA News Editor

"This type of environment  makes my job quite easy," says fund manager David Herro, who is "significantly adding" to his stock positions as 580 companies in the MSCI indexes trade for less than the value of their net assets. On the other hand, "safe" health-care and consumer products firms are trading at their highest level in more than 10 years, according to the same gauge.