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M*: Finding The Best Of The Undervalued Asset Managers
FYI: The best time to build positions in the publicly traded asset managers tends to be during market downturns or periods of market dislocation. It pays to be selective, though, as most of these companies are highly leveraged to the performance of the equity markets. With that in mind, we continue to recommend that long-term investors focus on two companies: Regards, Ted http://www.morningstar.com/articles/858643/finding-the-best-of-the-undervalued-asset-managers.html
