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Rating:Market Worry Spreads to Asset Managers Not Rated 3.2 Email Routing List Email & Route  Print Print
Thursday, August 09, 2007

Market Worry Spreads to Asset Managers

Reported by Erin Kello

There was a sell off of money manager stocks late this afternoon, as sub-prime worries continue to drag the market lower. All publicly traded mutual fund managers were down at least 1 percent as of 3:33 pm. Furthest down were SEI Investments at around 8 percent and AllianceBerstein at around 7.5 percent. 

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