OM Asset Management (OMAM) Reports In-Line Q1 EPS

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OMAM Reports Financial and Operating Results for the First Quarter Ended March 31, 2016

May 5, 2016 8:05 AM EDT

Economic net income of $32.0 million ($0.27 per share) for the quarter, down (14.2)% from the comparative quarter in 2015 U.S. GAAP earnings of $30.8 million ($0.26 per share) for the quarter, down (9.9)% from the comparative quarter in 2015 AUM of $218.0 billion at March 31, 2016, an increase of 2.6% from December 31, 2015 Net client cash flows (NCCF) for the quarter of $2.4 billion yielding a positive annualized revenue impact of $7.3 million

LONDON--(BUSINESS WIRE)-- OM Asset Management plc (NYSE: OMAM) reports its results for the... More