David Herro, who was recently named one of Morningstar’s fund managers of the decade, likes several financial stocks right now. Herro tells Bloomberg that he’s particularly high on asset management businesses, which he says get hit hard in downturns but over the long run are good businesses. Herro also says Japanese markets are starting to look attractive.
[youtube=http://www.youtube.com/watch?v=Wwy1K1Htetc]