In the Margins

Waddell & Reed see heavy 2Q outflows

July 26, 2016

By Barron's

Outflows at Waddell & Reed Financial were heavier than analysts expected in the second quarter. Total assets under management ended June at $86.5 billion, down nearly 10% from the end of March, while total outflows amounted to $9.7 billion. Read the original story from Barron's.

 

 

Most Read

Top of the Agenda - Compensation
IDC: Fund director pay climbs again in 2024

Mutual fund independent directors earned more in 2024 than in the year prior, and the pace at which their compensation grew was also higher year-on-year, according ...