FYI: Everybody that invests in equities loves it when the stock market rallies. Especially the kind of secular bull market rally that we appear to be in now after the market finally broke out above the 1,600 level on the S&P 500 in June of 2013. One group of stocks that is usually a big benefactor when the market rallies is the top asset managers, and in a new report from Merrill Lynch they think that overall assets-under-management (AUM) at the top mutual fund companies rose an astonishing 1.5% in the month of October.
While many investors are late to the party, the old adage of “better late than never” is what really benefits the top money managers. We screened the Merrill Lynch list for the companies expected to receive big inflows of investor cash.
Regards,
Ted
http://247wallst.com/banking-finance/2014/11/12/stock-market-rally-has-money-pouring-into-these-5-top-stocks/print/
