'Toxic cocktail' brewing for U.S. asset managers: hedge fund investor Kass

Hedge fund investor Doug Kass said on Tuesday that he is shorting several investment managers, including T. Rowe Price Group Inc and Franklin Resources Inc, as they could be "the next group to feel...


from Reuters: Wealth https://reut.rs/30Acdjx

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The Sunday Read: ‘What Does It Mean to Save a Neighborhood?’

By BY JACK D’ISIDORO, AARON ESPOSITO, JOHN WOO AND COREY SCHREPPEL from NYT Podcasts https://nyti.ms/3E5bF7T