In the Margins

Third quarter unkind to big money managers

October 23, 2015

By The Wall Street Journal

Large money managers took a beating during the third quarter as the market declined and mutual funds experienced outflows. Among firms releasing quarterly reports on Thursday was Franklin Resources, which experienced the largest investor withdrawal in more than a dozen years. Read the original story from The Wall Street Journal.

 

 

FPA Advertisment

Most Read

10 Things
10 Things...on the regulatory agenda

The Securities and Exchange Commission has been accused of "over-regulation" in recent years as it has proposed and finalized dozens of rules in a relatively short ...