Record Assets Under Management
Assets under management reached $483.8 billion, marking a 6% increase over the prior quarter and a 27% increase year-over-year, achieving the highest quarterly figure ever.
Sixth Consecutive Quarter of Positive Net Flows
The company reported $7.8 billion in net inflows, with a 7% organic growth rate, marking the sixth consecutive quarter of positive net flows.
Strong Financial Performance
Adjusted diluted EPS of $1.09 was 20% higher compared to the same period a year ago, supported by a 22% increase in adjusted operating income.
Positive Organic Net New Revenue Growth
The company generated positive organic net new revenue growth in the third quarter despite fee pressures.
Successful Partnerships and Product Launches
New partnerships with CNO Financial Group and successful launches of active ETFs, such as the Asset Backed Securities ETF (JABS) and the Global Artificial Intelligence ETF (JHAI), were highlighted.