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Updated from 1:27 p.m. EDT
Epoch (EPHC Quote) jumped 17% Thursday after its assets under management surged 26.2% sequentially to $5.38 billion in the quarter ended March 31. Shares closed up $3.35 to $16.16.
Waddell & Reed (WDR Quote) climbed after an analyst with Bear Stearns raised its rating to outperform from peer perform, saying the Kansas-based asset manager is undervalued and a good buyout candidate. Shares added 77 cents, or 3.3%, to $24.31.
A Goldman Sachs analyst upped Janus Capital (JNS Quote) to neutral from sell, spurring the Denver-based asset manager's shares higher by 82 cents, or 3.8%, to $22.54. ...
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