3 Stocks to Watch From the Prospering Investment Management Industry

The current high interest rate environment is expected to keep supporting revenues for the Zacks Investment Management industry stocks. While the continued shift in investor preference toward passive investing has been weighing on margins to an extent, higher rates will continue to provide support in the near term.Despite relatively subdued market volatility, investment managers are expected to witness growth in their assets under management (AUM) balances, driven by overall asset inflows. Thus, firms like ...