(Smart Money) — The average revenue at 13 publicly traded fund managers climbed 18% in the second quarter over the year-ago period, and their average earnings per share rose 43% over the same period, according to data from Keefe, Bruyette & Woods cited Thursday in The Wall Street Journal. Their average assets under management climbed 22%, even as investor seemed to grow more conservative in their holdings with them and on their own.
Comment Disclaimer: Comments that contain profane or derogatory language, video links or exceed 200 words will require approval by a moderator before appearing in the comment section. XOXO-MN
