Acadian Posts Record $1.36 ENI EPS as Q3 Assets Rise 44%
Photo: TokenPost
For the quarter ended Sept. 30, Acadian reported record ENI earnings per share of $1.36. Assets under management stood at $239.6 billion on that date, up 44% from a year earlier. ENI totaled $48.3 million, up 78% from a year earlier, and ENI earnings per share increased 79%. Total revenue reached $191.2 million, a 32.6% year-over-year increase. Quarterly management fees set a record at $187.8 million, up 38%. The company recorded $2.6 billion in net client inflows during the quarter, its 11th consecutive quarter with positive net client flows. Year-to-date net client inflows totaled $28.3 billion through Sept. 30. U.S.
Source: TokenPost
