Traditional Asset Managers Fall Behind: Citigroup

Citi Analysts William R Katz, Neil Stratton and Steven J Fullerton estimate how Broker Dealers and Asset Managers could fare in the third quarter of 2013 in their research report of October 7, 2013.

This article covers their views on the three-sub-sectors, that is, Alternative Asset Managers, Traditional Asset Managers and Broker Dealers in the above space, and four stocks that they particularly favor within it.

Alternative Asset Managers

Outlook

Of the three sub-sectors, Citi is most bullish on Alternative Asset Managers for Q3. Alternative managers are expected to report strong gross sales on a sequential quarter as well as year-on-year basis, driven...