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 - Governance
ASA board enlarged, timeline to AGM unclear

ASA Gold and Precious Metals Ltd. shareholders voted at a special meeting last week to enlarge the closed-end fund's board and elected a fifth independent director, one ...