Good morning! This is Fly Charts, the daily charts-only newsletter from Gadfly; sign up here. From commodity trading excuses to lethargic earnings growth, here are four charts that tell you what you need to know in business today.
And don't miss Marcus Ashworth on why asset managers may go the way of the auto industry: "Investment stars, the strategies that differentiate an asset manager from its peers, 'should be allotted the greatest investments and resources,' the report says. Established cash cows should be run as efficiently as possible and milked hard, while 'dogs' with declining inflows should be ditched if they can't be reinvented. If only it were that easy."
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