secwatch.observer — SEC 8-K summary
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Issuer:     Acadian Asset Management Inc. (AAMI)
CIK:        0001748824
Form:       8-K
Filed at:   2023-11-02T23:59:59+00:00
Accession:  0001748824-23-000053
Event type: earnings
Sentiment:  positive
Materiality: 0.65
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

BrightSphere Q3 GAAP EPS $0.46, ENI EPS $0.45; revenue up 23.6% YoY
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- GAAP diluted EPS $0.46 (Q3'22: $0.42); net income $19.6M (+10.1% YoY). ENI diluted EPS $0.45 (Q3'22: $0.30, +50%).
- Total revenue $107.3M (+23.6% YoY) driven by higher management fees (+11%) and performance fees ($11.2M vs $1.1M).
- AUM $97.4B at Sep 30, down 2.5% from June 30; net client outflows of $(0.5)B with $(0.3)M annualized revenue impact.
- Quarterly dividend of $0.01/share declared, payable Dec 28 to holders of record Dec 15.
- Full-year 2023 ENI operating expense ratio expected ~52-56% of management fees; variable comp ratio 46-50%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1748824/000174882423000053/0001748824-23-000053-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1748824/000174882423000053/bsig-20231102.htm
  HTML page:      https://secwatch.observer/filing/0001748824-23-000053

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