U.S. Global Investors, a boutique registered investment advisor, plans to stick to its knitting, developing mutual funds that specialize in natural resources and emerging markets despite the overwhelming trend toward exchange-traded funds that would require the company to make acquisitions.

The San Antonio-based company’s assets under management rose 25.1% from a year earlier to $2.66 billion in its fiscal second quarter, which ended Dec. 31, but this trailed the 39% average annual growth in assets for its industry peers, including BlackRock Inc. [BLK], Affiliated Managers Group [AMG], Calamos Asset Management, Cohen & Steers, Federated Investors Inc. [FII], Franklin Resources [BEN], Invesco, Janus Capital Group [JNS], Legg Mason [LM], T. Rowe Price [TROW] and Waddell & Reed.

Register or login for access to this item and much more

All Financial Planning content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access