Epoch Announces 20% Increase in AUM to $19.2 Billion

Symbols: EPHC
Posted in: News
Share

Epoch Investment Partners (Nasdaq: EPHC), today announced that its assets under management (“AUM”) were approximately $19.2 billion as of December 31, 2011, an increase of 20% from $16.0 billion as of September 30, 2011 and 34% from $14.3 billion as of December 31, 2010.

“We experienced significant inflows in 2011 despite declines in most global equity markets for the year and the U.S. market ending nearly unchanged,” stated William W. Priest, Chief Executive Officer of the Company. “Investors are showing an increased interest in our approach which focuses on companies that can grow their free cash flow and use it to create shareholder value. This approach is well suited to the times. In an environment where economic growth will likely be constrained, companies that can grow their free cash flow and allocate it wisely should still be able to provide attractive returns over time.”


 
 
< Previous
Scorpio Tankers Announces an Amendment to Its STI Spirit Credit Facility
Next >
Seagate Technology Provides Preliminary Q2 Revs $3.1-$3.2B vs $2.81B Est
Share
Printer-friendly version
Send to friend
We're Loving

Benzinga's Premium Memberships

Benzinga's News Delivered Free

Brain Trust