Increasingly bullish sentiment means investors must pick their spots carefully.
Poor investment performance and rising interest rates have exposed weaknesses in several asset managers.
Repeated changes at the firm elevate levels of concern and uncertainty.
Volatility could return to the financial sector in the second half of 2013.
A promotion at Heartland Advisors, former Fidelity Magellan PM Jeffrey Vinik to shutter his hedge fund, and Southeastern readies another proxy fight.
The financial sector is fully valued despite global uncertainties.
Perusing finance, economics, and law.
Janus Capital Group Inc., owner of the Janus, Intech and Perkins funds, said first-quarter earnings rose 24% as stock market gains helped boost assets.
Richard Weil, chief executive officer at Janus Capital Group , had his compensation reduced 19% to $4.98 million in 2012 as investors withdrew $12.1 billion from the firm.
Janus Capital Group , the money manager that made its name placing big bets on stocks, is trying something new to stem a five-year customer exodus.