Manning & Napier released its third-quarter earnings yesterday, and several sites picked up the news, including Daily Political and Stockhouse; the press release is here.

Manning & Napier saw $600 million in outflows over the last three months, but market appreciation pushed the firm's AUM up by nearly $2 billion, to $44.3 billion. Revenue a $85.4 billion, a slight decrease from the period one year ago.

This earnings report came in slightly below analysts' estimates, according to Daily Political, yet the company's stock price has been up since the report was released, peaking at around $13.50 a share yesterday before settling back to around $13.  

Edited by: Chris Cumming


Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE