Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (43088)	7/26/2011 1:56:59 PM
From: Paul Senior	Read Replies (1) of 78783

Asset Managers. Nice report from AMG. Company is still undervalued a little even after today's pop. I'll hold my shares. I make JNS to be worth $3.4B. It has an enterprise value of $1.8B, making it substantially undervalued -- given my way of looking at assets under management. I'll add more shares now to my losing position. Fwiw, I still have my shares of LM. finance.yahoo.com Popularity and growth of ETF's is really affecting the asset management business: "The growing popularity of ETFs has posed a difficult problem for the more traditional Asset Management Sector. It seems possible that a secular shift is taking place away from actively managed mutual funds and towards the macro-outperformance based model of ETFs. This has consequently resulted in major outflows in some companies' assets under management." finance.yahoo.com I may have to change the valuation metric that I'm using if equity funds are being destroyed by ETF's, and asset manager growth is only with inflows to bond funds, which are much less profitable than equity funds.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next