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Rating:Fundsters are on the Rebound Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, August 19, 2010

Fundsters are on the Rebound

News summary by MFWire's editors

Fundsters, take heed: Stocks of mutual fund firms are rebounding and their recoveries should extend well into the months ahead.

This morning's WSJ article mentioned firms such as AllianceBernstein Holding, Legg Mason, Franklin Resources Inc. and T. Rowe Price Group Inc., Affiliated Managers Group and Janus Capital Group whose stocks are on the rise while adding that Federated Investors Inc. was the only fund company covered by Keefe, Bruyette & Woods that reported a year-on-year drop in revenue and earnings per share.  

Edited by: Hung Tran


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