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Investing.com -- Acadian Asset Management Inc. (NYSE:AAMI) shares surged 5.5% after the systematic investment manager reported second-quarter earnings that significantly exceeded analyst expectations, driven by record client inflows and strong investment performance.
The Boston-based asset manager reported adjusted earnings per share of $0.64 for the second quarter, handily beating the analyst consensus of $0.52. Revenue reached $127.4 million, surpassing the $117.6 million analyst estimate and growing from the same period last year. The company achieved record net inflows of $13.8 billion during the quarter, representing 11% of beginning-of-period assets under management (AUM).
"Acadian achieved a significant milestone in the second quarter of 2025, with a record $13.8 billion of net client cash flows, and $151.1 billion of AUM as of June 30, 2025, the highest in the firm’s nearly 40 year history," said Kelly Young, Acadian’s President and Chief Executive Officer.
The company’s strong performance was reflected in its investment results, with 94%, 95%, and 95% of Acadian’s strategies by revenue outperforming their respective benchmarks over the 3-, 5-, and 10-year periods, respectively.
While U.S. GAAP earnings per share decreased 3% YoY to $0.28 from $0.29, the company’s economic net income ( ENI (BIT:ENI)) earnings per share increased 42% compared to the second quarter of 2024.
Acadian continued its share repurchase program, buying back 0.9 million shares for $23.6 million during the quarter, representing a 3% reduction in total shares outstanding. Year-to-date, the company has repurchased 1.7 million shares for $43.0 million.
The company’s board declared a quarterly dividend of $0.01 per share, payable on September 26 to shareholders of record as of September 12.
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