Notable companies
The most notable companies in this group are Ares Capital Corp (NASDAQ:ARCC), AMTD IDEA Group (NYSE:AMTD), WisdomTree (NYSE:WT).
Industry description
Investment Managers manage financial assets and other investments of clients. Management includes designing a short- or long-term strategy for buying/holding and selling of portfolio holdings. It can also include tax services and other aspects of financial planning as well. While it is perceived that the industry is faced with growing competition from robo-advisors/digital platforms and passive/ index-tracking funds, many investors still find value in actively managed in-person services that investment management companies often emphasize on. At the same time, many wealth managers are also incorporating digital initiatives/low cost options in addition to their in-person customized services. Their main sources of revenues are fees as a percentage of assets under management, in addition to a certain portion of clients’ gains from asset appreciation. BlackRock, Inc., Blackstone Group Inc and Brookfield Asset Management are some of the major investment management companies.
Market Cap
The average market capitalization across the Investment Managers Industry is 5.91B. The market cap for tickers in the group ranges from 57 to 124.17B. BLK holds the highest valuation in this group at 124.17B. The lowest valued company is RSERF at 57.
High and low price notable news
The average weekly price growth across all stocks in the Investment Managers Industry was 2%. For the same Industry, the average monthly price growth was 3%, and the average quarterly price growth was 6%. LGCP experienced the highest price growth at 90%, while JPPYY experienced the biggest fall at -61%.
Volume
The average weekly volume growth across all stocks in the Investment Managers Industry was 74%. For the same stocks of the Industry, the average monthly volume growth was 137% and the average quarterly volume growth was 87%
Fundamental Analysis Ratings
The average fundamental analysis ratings, where 1 is best and 100 is worst, are as follows
Valuation Rating: 40
P/E Growth Rating: 57
Price Growth Rating: 52
SMR Rating: 62
Profit Risk Rating: 73
Seasonality Score: 30 (-100 ... +100)