Home>MasterCard Incorporated MA Q3 2011 Earnings Call Transcript
MasterCard Incorporated MA Q3 2011 Earnings Call Transcript
Earnings Call Transcripts by Morningstar Inc.
Wed, 2 Nov 2011
Great day, ladies and gentlemen, and welcome to the Third Quarter 2011 MasterCard Earnings Call. My name is Shantale, and I will be your facilitator for today's call. At this time, all participants are in listen-only mode. We'll be facilitating a
ETF and open-end asset flows combined show a strong preference for bonds, emerging markets, and passive funds, while active U.S. stock fund managers and money market funds have suffered the brunt of outflows.