Traditional asset managers’ stocks struggled in 2018, falling 20% through the end of November. A new report from Morgan Stanley said this year’s pressures could worsen in 2019. One firm, however, stands out for its long-term growth potential.
Asset managers’ stock tumbled this year, and 2019 doesn’t look much better, a new report from Morgan Stanley said.
A group of 11 traditional asset managers’ share prices fell 20% through November 30. Hamilton Lane