Buy Asset Managers To Ride The Bull Market

Buy Asset Managers To Ride The Bull Market

Few sectors benefit as directly from a rising stock market as asset managers. Not surprisingly, a bullish market tends to lead to greater assets under management (AUM), and in turn, greater profits for those firms that manage client portfolios. Several stock experts and contributors to MoneyShow. com highlight their best ideas in the asset management space. Artisan Partners Asset Management APAM (APAM) is a recommendation for investors seeking yield with capital appreciation potential. This asset manager pays a 6. 7% dividend yield. Artisan has a collection of very solid stock and debt mutual funds with good records. I have interviewed several of their fund managers, because of their decent records. Founded in 1994, Artisan says it attracts and keeps talent in the investment business by offering transparent and decent financial incentives, and a high degree of autonomy. It says this autonomous investment team structure promotes independent analysis and accountability, which improves investment results. The company says that since inception in 1994 it has generated $31 billion in investment returns above what customers would have gotten in the relative benchmark, passive indices. Since inception, 16 of 17 strategies launched prior to 2020 have added value relative to their benchmarks, after fees.