Strong Investment Performance
89% of AUM outperformed its benchmark in the second quarter. On a 1-year basis, 94% of AUM outperformed, with 3-, 5-, and 10-year outperformance rates all above 95%.
Positive Net Inflows in Open-End Funds
Open-end funds experienced $285 million in net inflows, marking the fourth consecutive quarter of positive net flows.
Successful Launch of Active ETFs
Active ETFs recorded $54 million in net inflows in their first full quarter, with total AUM now $133 million.
Improved Liquidity and Cash Position
Liquidity totaled $323 million at quarter end, an increase from $295 million in the prior quarter.