'Mass Slaughter': Wealth Manager Warns Of Market Correction, Digital Disruption As ETF, Passive Investing Goes Up And To The Right
Portfolio Pulse from Stjepan Kalinic
Peter Mallouk, CEO of Creative Planning, warns of a potential market correction and digital disruption in the RIA industry, despite its projected growth. He highlights risks from deficit spending and technological advancements like AI. Franklin Templeton and Invesco show strong performance, but may be vulnerable if market conditions change.
September 19, 2024 | 4:10 pm
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NEUTRAL IMPACT
Franklin Templeton, managing 455 mutual funds, shows strong performance but may be vulnerable to market corrections as warned by Peter Mallouk.
Franklin Templeton's strong performance is highlighted, but the warning of a market correction suggests potential vulnerability. The impact is neutral as the current performance is strong, but future risks are noted.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
NEUTRAL IMPACT
Invesco reports a 12% increase in assets under management, surpassing $1.7 trillion, but may face risks if market conditions change.
Invesco's growth in assets under management is positive, but the potential for market correction poses a risk. The impact is neutral due to current strong performance but future uncertainties.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70