Reports Q1: Assets under management of $660 billion, which is included in assets under administration of $1.5 trillion. Total company net cash flow was $600 million. "The strength and resiliency of our diversified business strategy helped to deliver non-GAAP operating earnings of $367 million in the first quarter and generated $600 million of positive net cash flow. We also returned over $300 million to our shareholders during the quarter," said Dan Houston, CEO. "Our integrated business model is constructed to be resilient during periods of macroeconomic volatility, positioning us to perform in various economic conditions."
Published first on TheFly
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