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Rating:Eagle Helps Reporters Look Ahead 10 Years Not Rated 1.0 Email Routing List Email & Route  Print Print
Tuesday, September 28, 2010

Eagle Helps Reporters Look Ahead 10 Years

Reported by Neil Anderson, Managing Editor

What will the investing landscape look like in the coming decade? On Tuesday morning, Eagle Asset Management [see profile] executives offered reporters four different glimpses of the investing future.

With the help of W. T. Blase & Associates, St. Petersburg, Florida-based Eagle, a subsidiary of Raymond James, gathered about 20 reporters for a breakfast briefing at the Midtown Executive Club and Overseas Press Club in Midtown Manhattan. Speakers included fixed income chief James Camp, equity income and value specialist Ed Cowart, Eagle Small Cap Core Value Fund PM Jack McPherson and Eagle Lcap Core Fund co-PM Richard Skeppstrom III. Managing director Cooper Abbott emceed the event.

"We're definitely not a black-box-oriented group," Abbott told the journalists, describing Eagle's focus on open, bottom-up stock-picking.

Camp may have offered the harshest predictions of the group when he spoke about the fate of the U.S. housing market, which he thinks has a 25 percent chance of suffering a double-dip.

"Inevitably, we have to find an endgame to the zombie banks of all zombie banks," Camp quipped. 

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