Can Money Managers Keep on Rolling?

August 20, 2010  |  

(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.

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