Wednesday screencast: custodian crackdown
- April 20th, 2011
Assets under management and under custody at the big custodian banks are up. Given the rally in global financial markets of late this shouldn’t come as a big surprise. However the stocks of these banks have not participated fully. Admittedly the entire financial sector has been disappointing, but these stocks have even underperformed their large financial peers. This is due in part to the overhang of an investigation into forex dealings and the continuation of low interest rates. However one stock stands out, in part because of its exposure to the fast-growing ETF industry. In today’s screencast a look at the big custodian banks.
Items mentioned in the above screencast:
One of these things is not like the other. (Dragonfly Capital)
Abnormal Returns is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon.com. If you click on my Amazon.com links and buy anything, even something other than the product advertised, I earn a small commission, yet you don't pay any extra. Thank you for your support.
The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
Abnormal Returns has over its seven-year life become a fixture in the financial blogosphere. Over thousands of posts we have striven to bring the best of the financial blogosphere to readers. In that time the idea of a “forecast-free investment blog” remains as useful as it did six years ago. More »
- Monday links: further exuberance
- Top clicks this week on Abnormal Returns
- Saturday links: endowment effects
- Friday links: too many investors
- Thursday links: changing the world
- Wednesday links: the relentless bid
- Winter finance book giveaway
- Tuesday links: sticking with it
- Winter finance book round-up
- Monday links: the road to ruin