What will the investing landscape look like in the coming decade? On Tuesday morning, Eagle Asset Management
] 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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