Here's Six Reasons To Short The Asset Managers

From The Street:

“The problem is that investors may have no idea these fees are being deducted, what services they are paying for or who they are ultimately compensating…. That’s why I believe we need to critically rethink how 12b-1 fees are used and whether they continue to be appropriate.”

SEC Commissioner Mary Schapiro

I plan on substantially increasing my asset management shorts — namely, Franklin Resources (BEN Quote), T. Rowe Price (TROW Quote), AllianceBernstein (AB Quote), Federated Investors (FII Quote) and Janus Capital (JNS Quote) — in the weeks ahead based on the following cyclical and secular headwinds:

Read the rest at The Street –>

NOW WATCH: Money & Markets videos

Want to read a more in-depth view on the trends influencing Australian business and the global economy? BI / Research is designed to help executives and industry leaders understand the major challenges and opportunities for industry, technology, strategy and the economy in the future. Sign up for free at