Manning & Napier, Inc. reports assets under management as of August 31, 2022

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FAIRPORT, NY, September 13, 2022 /PRNewswire/ — Manning & Napier, Inc. (NYSE:MN), (“Manning & Napier” or “the Company”) today announced interim Assets Under Management (“AUM”) as of August 31, 2022 of $18.7 billioncompared to $19.3 billion at July 31, 2022and $18.5 billion at June 30th2022. Assets under management by investment vehicle and by portfolio are shown in the table below.

Assets under management

(in millions)

August 31,
2022

July 31,
2022

June 30th,
2022

By investment vehicle:

Separate accounts

$13,355.4

$13,782.2

$13,305.2

Mutual and collective funds
investment trusts

5,307.2

5,480.8

5,149.7

Total

$18,662.6

$19,263.0

$18,454.9

By portfolio:

Mixed asset

$12,614.2

$13,069.9

$12,624.8

Equity

4,777.1

4,950.2

4,668.8

Fixed income

1,271.3

1,242.9

1,161.3

Total

$18,662.6

$19,263.0

$18,454.9

About Manning & Napier, Inc.
Manning & Napier (NYSE: MN) offers a wide range of investment solutions through separately managed accounts, mutual funds and mutual funds, as well as a variety of advisory services that complement our investment process . Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of mixed asset portfolios, including lifecycle funds. We serve a diverse clientele of high net worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and resolve specific client issues. We have our head office at Fairport, NY and had 274 employees at June 30, 2022.

Safe Harbor Statement
This press release and other statements the Company may make may contain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the current views of the Company with respect to, among other things, its operations and financial performance. Words such as “believes”, “expects”, “may”, “estimates”, “shall” or “should”, or their negative form or other variations thereof or comparable terminology, are used to identify forward-looking statements, but not all forward-looking statements contain these words. Although the Company believes that it bases its expectations and beliefs on reasonable assumptions within the limits of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what Society expects or believes. Some of the factors that could cause the Company’s actual results to differ from its expectations or beliefs include, but are not limited to: delay or failure in completion of the proposed transaction with Callodine Group; changes in our business related to the proposed transaction with Callodine Group; changes in stock or financial markets or general economic conditions, including as a result of the COVID-19 pandemic or political instability and uncertainty, such as the Russian invasion of Ukraine; inflation; changes in interest rates; a decline in the performance of the Company’s products; customer sales and redemption activity; any loss of an officer or key personnel; the Company’s ability to successfully deploy new technology platforms and upgrades; changes in government policy or regulation; and other risks discussed from time to time in the Company’s filings with the Securities and Exchange Commission.

contacts
Investor Relations
Emilie Blum
Prosek Partners
973-464-5240
[email protected]

Public relations contacts
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
[email protected]

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SOURCE Manning & Napier, Inc.

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