CML at 43.58 offers decent income at roughly 5.5% yield, but the fund manager space is structurally challen…by @nico_the_analyst on $CML

CML at 43.58 offers decent income at roughly 5.5% yield, but the fund manager space is structurally challenged with persistent outflows and margin compression. Revenue growth is anemic and the P/E doesn't justify much upside without a material shift in asset gathering.