Record AUM Growth
Ending Assets Under Management (AUM) increased to $176 billion, up 8% compared to the previous quarter.
Fixed Income Business Success
The fixed income segment reported its 12th consecutive quarter of positive flows, with significant recognition for the Credit team led by Bryan Krug, including Morningstar's 2025 Investment Excellence award.
Emerging Markets Strategy Performance
The Developing World strategy achieved a 10-year track record with an average annual return of 11.59%, outperforming the index by 678 basis points after fees.
New Institutional Mandates
Two new institutional mandates are being onboarded for the Credit team, reflecting growing interest in their strategies.
Dividend Increase
The Board of Directors declared a quarterly dividend of $0.73 per share, a 7% increase over the prior quarter.