Buy Alternative Asset Managers During Market Weakness: Morgan Stanley

“We continue to see a strong operating backdrop for the alternative asset managers, and believe short-term market weakness creates attractive entry points,” say Morgan Stanley analysts Matthew Kelley and Toni Kaplan in their research note on the industry. “We forecast 16% average total return and reiterate Overweight ratings on The Blackstone Group L.P.(NYSE:BX), KKR & Co. L.P. (NYSE:KKR), and Oaktree Capital Group LLC (NYSE:OAK).”

A key point the analysts make is that the market appears to have ignored above-consensus ENI performance during Q4 and distributions by these companies, as can be seen . . .


This content is exclusively for paying members. Access all of our content on including years of timeless investment news and in depth analysis for only a few dollars a month by signing up here while also supporting quality content and journalism, or learn more about our premium content here

If you are subscribed and having an account error please clear cache and then cookies if that does not work email and we will get back to you as quick as humanly possible

Saved Articles

Are you a smart investor? Join tens of thousands of sophisticated investor reading our authoritative free newsletter

* indicates required

Congrats! Are you a smart person?

We have an exclusive targeted for being a sophisticated and loyal reader.

Sign up for ValueWalkPremium today and get our exclusive content for 35% off.

Use coupon code vip19 or click on the button below

Limited time offer only ENDS 11/30/2019 or after next 25 20 subscribers take advantage whichever comes first – please do not share this discount with others