secwatch.observer — SEC 8-K summary
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Issuer:     Acadian Asset Management Inc. (AAMI)
CIK:        0001748824
Form:       8-K
Filed at:   2021-10-28T23:59:59+00:00
Accession:  0001748824-21-000047
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSphere Q3 GAAP EPS $2.76, completes affiliate sales, Acadian now sole operating business
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- GAAP diluted EPS $2.76 (vs $0.46 Q3 2020) on gain on sale; ENI EPS $0.28 (vs $0.30).
- Completed sales of TSW, ICM, and Campbell; Acadian Asset Management becomes sole operating business.
- AUM $113.7B at Sep 30, 2021, down 10.4% from June 30 due to dispositions and market decline.
- Net client cash flows ($0.7)B in Q3; 88% of Acadian's strategies by revenue beat benchmarks over 1-year.
- Expects to pay down $125M retail notes and repurchase >$1B in shares in Q4; quarterly dividend $0.01.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748824/000174882421000047/0001748824-21-000047-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748824/000174882421000047/bsig-20211028.htm
  HTML page:      https://secwatch.observer/filing/0001748824-21-000047

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer