Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Support MFO
Donate through PayPal
BlackRock Starts Off Subdued Earnings Season For Fund Companies
FYI: For decades, you would have been better off buying the stocks of companies that manage mutual funds than buying the funds they manage. But even as the second-quarter earnings reports for fund companies start to trickle in, the long-term outlook grows dim. Regards, Ted http://www.investmentnews.com/article/20160714/FREE/160719952?template=printart