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Strategies & Market Trends : Value Investing -- Ignore unavailable to you. Want to Upgrade?


To: Madharry who wrote (6986)4/29/1999 10:29:00 AM
From: Paul Senior  Read Replies (1) | Respond to of 78659
 
Armin: re: what "assets under management" are worth.

Have to segregate by type of assets (esp. stocks vs. bonds), maybe for firm size or breadth of asset categories (variety of fund types). Here are some numbers for you, regardless.

Assets under management: Individual Investor 2/99, p.85

Figures in $billions

AC 241.9
EV 27.5
FII 102.9
BEN 208.6
JNC 52.7
LM 74.8
L 57.5
PFX 5.2
PA 225.9
PIOG 20.0
TROW 129.5
WDR 24.8

And based on yesterday's Yahoo market cap figures, each $1 of
market cap supports the following number of dollars of managed assets:

AC 54
EV 36
FII 72
BEN 21
JNC 40
LM 38
L 55
PFX 49
PA 168
PIOG 40
TROW 28
WDR 18

Comminged stuff in some of these firms: WDR (Wadell & Reed, brokerage); others not on this list (MEL=Mellon with Dryfus, Marsh & Mc, KSU=Janus, etc.)

FWIW -- not much -g-, I have small positions in MEL and PFX. Added in past few days to PFX. Paul Senior