U.S. Global Investors Says Bottom Found In AUM Flight Says CEO

For Frank Holmes, CEO and CIO at U.S. Global Investors, the world might seem a precarious place. At its heyday in 2006 the mutual fund manager finished the year at $33.58. Now, a decade later and the world looks different. Passive investing is like a weed taking over the finely pruned mutual fund world and the Department of Labor’s fiduciary rule is breathing down the mutual fund industry’s neck. It is here Holmes sees his stock trading at $1.57 and he realizes what volatility is all about. U.S. Global Investors must understanding volatility — in their own stock In a…