OM Asset Management (OMAM) Tops Q1 EPS by 1c

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OMAM Reports Financial and Operating Results for the First Quarter Ended March 31, 2015

May 14, 2015 7:53 AM EDT

Economic net income of $37.3 million ($0.31 per share) for the quarter, up 14.8% from the comparative quarter in 2014 U.S. GAAP earnings of $34.2 million ($0.28 per share) for the quarter AUM of $224.0 billion at March 31, 2015, up 10% from March 31, 2014 Net client cash flows of $(0.2) billion yielding positive annualized revenue impact of $11.3 million $0.08 per share quarterly interim dividend approved for the first quarter of 2015

LONDON--(BUSINESS WIRE)-- OM Asset Management plc (NYSE:... More