The asset management industry is well-positioned for long-term growth thanks to the expansion of investable assets, increasing disposable income, the growing popularity of passive investments, digitization, and the adoption of advanced technologies.
Given this backdrop, it could be wise to add fundamentally strong asset management stocks Artisan Partners Asset Management Inc. (APAM), Federated Hermes, Inc. (FHI), and SuRo Capital Corp. (SSSS) to one’s portfolio.
