NEW YORK, August 14, 2017 /PRNewswire/ --
If you want a Stock Review on CEF, CLM, LM, or OMAM then come over to http://dailystocktracker.com/register/ and sign up for your free customized report today. DailyStockTracker.com has initiated research coverage on Central Fund of Canada Ltd (NYSE MKT: CEF), Cornerstone Strategic Value Fund Inc. (NYSE MKT: CLM), Legg Mason Inc. (NYSE: LM), and OM Asset Management PLC (NYSE: OMAM). Demand in the Asset Management industry is driven by demographic and market trends, such as the growing population of retirees and the accumulation of wealth and investable assets, as well as returns on investments. The profitability of individual companies depends on the volume and performance of the assets that they manage. This morning's free research reports on the aforesaid equities are available upon registration on DailyStockTracker.com at:
Central Fund of Canada
Last Friday, shares in Canada-domiciled Central Fund of Canada Ltd ended the session 0.31% higher at $12.74. The stock recorded a trading volume of 506,921 shares. The Company's shares have advanced 6.70% in the last month, 4.43% in the previous three months, and 12.84% since the start of this year. The stock is trading 3.08% and 2.65% above its 50-day and 200-day moving averages, respectively. Moreover, shares of Central Fund of Canada, which invests in the commodity markets, have a Relative Strength Index (RSI) of 67.21. Visit us today and access our complete research report on CEF at:
Cornerstone Strategic Value Fund
US-domiciled Cornerstone Strategic Value Fund Inc.'s stock gained 0.41%, to close the day at $14.57 with a total trading volume of 152,783 shares. The Company's shares are trading 5.70% below their 50-day moving average. Shares of the Company, which invests in public equity markets across the globe, have an RSI of 39.26. The complimentary report on CLM can be downloaded at:
Shares in Baltimore, Maryland-based Legg Mason Inc. recorded a trading volume of 494,617 shares at the close of the last trading session. The stock ended the day 0.08% lower at $37.45. The Company's shares have advanced 0.35% over the previous three months and 25.21% on an YTD basis. The stock is trading above its 200-day moving average by 5.62%. Furthermore, shares of Legg Mason, which launches and manages equity, fixed income, and multi-asset customized portfolios through its subsidiaries, have an RSI of 37.08.
On August 10th, 2017, Legg Mason reported preliminary assets under management (AUM) of approximately $753.3 billion as of July 31st, 2017. This month's AUM included long-term net inflows of $1.5 billion, consisting of net inflows in fixed income of $2.2 billion, partially offset by alternative net outflows of $0.7 billion. Equity net flows were flat. Liquidity net inflows were $0.9 billion, and there was a positive foreign exchange impact of $3.4 billion. Register for free on DailyStockTracker.com and access the latest research report on LM at:
OM Asset Management
Boston, Massachusetts-based OM Asset Management PLC's shares finished Friday's session 1.10% higher at $13.80. A total volume of 1.24 million shares was traded, which was higher than their three months average volume of 898,110 shares. The stock is trading below its 200-day moving average by 5.86%. Furthermore, shares of OM Asset Management, which provides its services to individuals and institutions, have an RSI of 30.83.
On August 03rd, 2017, OM Asset Management reported its results for the three and six months ended June 30th, 2017. Total assets under management for Q2 2017 were $258.8 billion, net flows were $(0.3) billion; gross inflows were $8.1 billion; and gross outflows and hard asset disposals were $(8.4) billion. For the six months ended June 30th, 2017, net flows were $(2.8) billion; gross inflows were $16.3 billion; and gross outflows and hard asset disposals were $(19.1) billion. Get free access to your research report on OMAM at:
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