Asset Management Stocks Trading Lower (BK, FIG, JNS)

The Bank of New York Mellon Corporation (NYSE:BK) fell 1.07% to $26.90. The 52-week range of the stock is $23.78-$32.65.

The Bank of New York Mellon Corporation is a global financial services company. The Company operates in seven segments: Asset Management, Wealth Management, Asset Servicing, Issuer Services, Clearing Services, Treasury Services and Other.

Fortress Investment Group LLC (NYSE:FIG) lost 2.61% to $4.48. Fortress Investment Group LLC is a global investment manager with approximately $41.7 billion in asset under management (AUM) as of June 30, 2010. Fund investors provide Fortress with capital, which the Company invests and manages on their behalf through private equity funds, credit funds, liquid hedge funds and traditional asset management strategies.

The stock opened at $4.53 and is trading within the range of $4.34-$4.58. At current market price, the market capitalization of the company stands at $2.10 billion.

Janus Capital Group Inc. (NYSE:JNS) is 0.29% lower at $10.45. The 52-week range of the stock is $8.63-$15.72.

The stock opened at $10.35 and is trading within the range of $10.29-$10.63. At current market price, the market capitalization of the company stands at $1.92 billion.

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