Barron's Focus on Funds blogger Brendan Conway has good news for some fund shops, and not-so-good news for others.
Conway
cites a piece from
Sterne, Agee & Leach analyst
Jason Weyeneth saying that estimates for asset managers are up given the rising stock market.
Invesco [
profile], though, is the only firm rated as a "buy," according to Conway.
Underwhelming flows are the reason for concern at other shops, including
T. Rowe Price [
profile],
BlackRock [
profile] and
Federated [
profile].
For more details, check out the original article
here.
 
Edited by:
Ben Geier
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