Money manager earnings
Articles and News on Money Manager Earnings
Eaton Vance's assets under management rise 4% in quarter
trueEaton Vance Corp. on Tuesday reported its assets under management totaled $280.7 billion as of Oct. 31, an increase of 4% from July 31 and a 41% rise from Oct. 31, 2012.
ING U.S.'s AUM rises 2.3% in quarter to $267 billion
trueING U.S. reported total assets under management of $267 billion as of Sept. 30, a 2.3% increase from the end of the second quarter and a 10.5% increase from a year earlier.
Oaktree Capital assets increase 4.5% in quarter to $79.8 billion
trueOaktree Capital Group on Friday reported $79.8 billion in total assets under management as of Sept. 30, a 4.5% increase from June 30 but a 1.5% decrease from Sept. 30, 2012.
Invesco AUM up 6% from last quarter to $745.5 billion
trueInvesco on Thursday reported assets under management of $745.5 billion as of Sept. 30, up 5.7% from the end of the previous quarter and up 12.4% from a year earlier.
Markets give managers nice boost in quarter
truePublicly traded money managers saw modest gains in assets under management for the quarter ended Sept. 30, helped generally by rising equity markets.
Legg Mason's AUM posts 2% uptick in Q3
trueLegg Mason reported on Friday a total of $656 billion in assets under management as of Sept. 30, up 2% from June 30 and up 1% from Sept. 30, 2012, according to its earnings release.
Federated Investors AUM relatively flat in Q3
trueFederated Investors on Thursday reported assets under management of $366.7 billion at Sept. 30, up 0.8% from June 30 and up 0.7% from the same period the year prior.
Franklin Resources' AUM up 3.6% in quarter to $844.7 billion
trueFranklin Resources on Thursday reported assets under management of $844.7 billion as of Sept. 30, up 3.6% from the end of the previous quarter and up 12.6% from a year earlier.
KKR's AUM jumps 8% in year
trueKKR & Co.'s assets under management rose to $90.2 billion as of Sept. 30, an 8% increase from $83.5 billion at the end of the second quarter, the firm reported Thursday.
AllianceBernstein's AUM grows 2.4% in Q3
trueAllianceBernstein's total assets under management reached $445.2 billion at Sept. 30, up 2.4% from the end of the last quarter and up 6.3% from a year ago.
Custodians see slide in securities lending revenue
truePublicly traded financial services firms that provide global custody saw revenue derived from securities lending decline in the quarter and year ended Sept. 30, while assets under custody and administration rose.
SSgA's AUM rises 4.4% to $2.24 trillion in Q3
trueState Street Global Advisors reported $2.24 trillion in assets under management as of Sept. 30, up 4.4% from June 30 and up 8.5% from a year earlier.
DiNapoli: Washington 'dysfunction' to dent Wall Street profits in 2nd half of year
trueWall Street produced $10.1 billion in profits for the first half of the year, but second-half profits could be suppressed due to “dysfunction” in Washington, higher interest rates and greater litigation costs.
MSIM assets up 3.75% to $360 billion in 3rd quarter
trueMorgan Stanley Investment Management reported $360 billion in assets under management in the third quarter, up 3.75% from the previous quarter and an 8.76% increase from the year before.
BNY Mellon reports asset gain of 7% in quarter
trueBank of New York Mellon on Wednesday reported $1.53 trillion in combined assets under management for its BNY Mellon Investment Management and wealth management business as of Sept. 30, up 7% from three months earlier and 13% higher than 12 months ago.