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HNNA / Hennessy Advisors Trades At Low Multiples Because Its Business Is Declining

Hennessy Advisors Trades At Low Multiples Because Its Business Is Declining
HNNA is a fund manager. The company's business model is under threat because of the growth in passive investment strategies. From a record AUM of $6.7 billion in 2016, the company is managing $3 billion as of FY22. The trend will probably continue. Read More
Posted: Feb 17 2023, 13:20
Author Name: Seeking Alpha
Views: 110866

HNNA News  

Hennessy Advisors Trades At Low Multiples Because Its Business Is Declining

By Seeking Alpha
February 17, 2023

Hennessy Advisors Trades At Low Multiples Because Its Business Is Declining

HNNA is a fund manager. The company's business model is under threat because of the growth in passive investment strategies. From a record AUM of $6.7 more_horizontal


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