Reports Q2 revenue $224.4M, consensus $205.53M. The company said, “Total assets under management of $173.6 billion at June 30, 2024 decreased 3% from $179.3 billion at March 31, 2024 due to market performance and net outflows in U.S. retail funds and institutional accounts, partially offset by positive net flows in retail separate accounts, exchange-traded funds (ETFs) and global funds. In addition, the company provided services to $2.6 billion of other fee-earning assets that are not included in assets under management.”
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