Acadian Asset Management Reports Third-Quarter Revenue of $191.2M, EPS of $1
Revenue and net income attributable to controlling interests rose year over year, supported by higher average assets under management and increased performance fees. Compensation and benefits also increased.
Acadian Asset Management’s revenue and net income attributable to controlling interests rose year over year, as higher average assets under management lifted management fees and performance fees increased with investment performance relative to benchmarks. Higher compensation and benefits and gener…