RBC "Less Enthusiastic" About Alternative Investment Stocks in 2015
This article was written on January 15, 2015. Instead of posting it we decided to wait a year and see how accurate the forecasts would be. No revisions have been made to the original draft. The coming year might not be a good one for alternative asset manager stocks, a report from RBC Capital Markets says, as “no amount of (fee) discounting can make up for bad performance.” Alternative investment stocks have become less enthusiastic In early 2014 RBC was constructive on alternative asset management stocks but has become “less enthusiastic.” Part of this lack of enthusiasm is due to...
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