
Opinions
Stuart Hinshelwood
Franklin ResourcesBENTOP PICKSep 19, 2013
$52.40
Stock price when the opinion was issued
$33.02
As of Jun 18, 2026. Market Open.
investment companiesfunds
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
Asset manager. $800 billion in AUM. Wanted something that wasn’t a traditional bank but had leverage to rising rates as well as equity markets potentially getting better over time. Good valuation. Mispriced as there is a concept that as the Fed tapered there was going to be a great rotation out of bonds and into equities and that this was essentially a bond shop but 55% of their business is equities. Trading at about 14.5X earnings.