How are the first quarter 2009 earnings reports from fund firms looking so far? In Wednesday's
Fund Track column in the
Wall Street Journal, Sam Mamudi takes a "the glass is half full" perspective on several asset managers whose net income drop slowed in Q1.
Mamudi highlights earnings from a number of asset managers, including:
AllianceBernstein,
BlackRock,
Federated Investors,
Franklin Resources (i.e. Franklin Templeton),
Invesco,
Janus,
T. Rowe Price and
Waddell & Reed (see
The MFWire,
4/21/2009,
4/22/2009,
4/23/2009,
4/23/2009,
4/24/2009,
4/24/2009,
4/28/2009 and
4/28/2009).
In the same column, Mamudi also mentions
Standard & Poor's downgrade of FMR,
Fidelity's parent, as previously reported by
The MFWire (see
4/28/2009). 
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