secwatch.observer — SEC 8-K summary
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Issuer:     Acadian Asset Management Inc. (AAMI)
CIK:        0001748824
Form:       8-K
Filed at:   2023-05-04T23:59:59+00:00
Accession:  0001748824-23-000028
Event type: earnings
Sentiment:  negative
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSphere Q1 GAAP EPS $0.28 vs $0.53 YoY; net income down 50%
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- GAAP net income $12.0M (Q1'22: $23.8M); diluted EPS $0.28 (Q1'22: $0.53).
- ENI EPS $0.28 vs $0.52 in Q1'22; Acadian segment Adjusted EBITDA $27.6M (Q1'22: $48.1M).
- AUM $97.5B, up 4.2% from Q4'22; third straight quarter of positive net flows at $0.1B.
- Dividend declared $0.01/share, payable June 30, 2023 to holders of record June 16.
- Management cites lower AUM from 2022 market declines and lower performance fees.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748824/000174882423000028/0001748824-23-000028-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748824/000174882423000028/bsig-20230504.htm
  HTML page:      https://secwatch.observer/filing/0001748824-23-000028

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