The stock's the cheapest we can remember seeing in a number of years.
We are leaving our fair value estimate in place for the wide-moat firm.
Wide-moat BlackRock and T. Rowe may not be the cheapest, but they're the best.
Firms face headwinds as balance of power changes toward investors.
First-quarter revenue increased 3.8% to $60.7 billion, more or less in line with our forecast.
Berkshire Hathaway puts some cash to work with a $10 billion pledge.
The Kraft Heinz impairment and equity market sell-off hurt the wide-moat firm, but we're leaving our fair value estimate in place.