MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication
an InvestmentWires' Publication
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|
MutualFundWire.com
The insiders' edge for 40 Act industry executives!
an InvestmentWires' Publication |
|
Tuesday, May 2, 2006 Diamond Hill Assets Under Management Jump 221 Percent Diamond Hill Group Inc. said Monday assets under management reached $2.18 billion at the end of the first quarter, up 221 percent from $679 million a year ago. The Columbus, Ohio-based firm said investment management revenue for the quarter surged 312 percent to $4.9 million. Net income jumped 215 percent to $125 million from $397,000 a year earlier. Ric Dillon, president and chief investment officer, said marketing efforts yielded $582 million in new client investments in the first quarter of 2006, representing a 338-percent rise from $133 million in the previous year. Printed from: MFWire.com/story.asp?s=11736 Copyright 2006, InvestmentWires, Inc. All Rights Reserved |