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OMAM Reports Financial and Operating Results for the Fourth Quarter and Year Ended December 31, 2016

OM ASSET MGMT PLC (OMAM)  More Company Research Source: Business Wire
Last om asset mgmt plc earnings: 2/1 07:55 am Check Earnings Report
PDF U.S. GAAP earnings of $25.3 million ($0.21 per share) for the quarter, down (31.4)% compared to the 2015 period, and $126.4 million ($1.05 per share) for the year, down (18.7)% compared to the 2015 period Economic net income of $38.9 million ($0.33 per share) for the quarter, up 6.6% compared to the 2015 period, and $145.1 million ($1.21 per share) for the year, down (3.1)% compared to the 2015 period (excluding the non-recurring performance fee) AUM of $240.4 billion at December 31, 2016, up 13.2% from December 31, 2015 Net client cash flows ("NCCF") for the quarter of $1.5 billion with an annualized revenue impact of $14.6 million; full year NCCF of $(1.6) billion with an annualized revenue impact of $11.0 million Completed a secondary public offering of 14.95 million ordinary shares on behalf of Old Mutual plc, with a concur [Read more]

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