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Posted on: May 26, 2019, 5:51 p.m.
(Reuters) - Hedge fund investor Doug Kass said on Tuesday that he is shorting several investment managers, including T. Rowe Price Group Inc and Franklin Resources Inc, as they could be “the next group to feel disruption” and may be headed for large share price falls. Kass, who runs Seabreeze Partners Management, said in a note to clients that he does not believe investors are aware of how commoditized the money management business has become. Full investment news articleRelevent to this post: Fidelity Investments ,