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Barclays launches coverage of asset managers

Dec. 04, 2014 10:19 AM ETBlackstone Inc. (BX) StockLM, BLK, TROW, BEN, BX, IVZ, KKR, CG, OAKBy: Stephen Alpher, SA News Editor
  • In private-equity, Blackstone (BX +1.4%) and KKR & Co. (KKR +0.9%) post gains after being initiated with Overweight ratings, while Carlyle Group (CG -1%) and Oaktree Capital (OAK -0.5%) are started at Equal Weight.
  • Moving onto traditional asset managers, Invesco (IVZ -0.5%) is rated Overweight, while T. Rowe Price (TROW -0.3%), Legg Mason (LM -1.5%), Franklin Resources (BEN -0.9%), and BlackRock (BLK -0.2%) are all started at Equal Weight.

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