Increased assets under management reflects recently announced six new subadvised portfolios
Epoch Investment Partners (Epoch), an investment manager and adviser and the sole operating subsidiary of Epoch Holding Corporation (EPHC), has reported assets under management (AUM) of $7.9 billion as of June 30, 2009. This is an increase of 39% from $5.7 billion during the previous quarter ended March 31, 2009, said the company.
William Priest, CEO of Epoch, said: “We are most pleased to announce a significant increase in AUM for the quarter. Our increased AUM not only reflects the recently announced six new subadvised portfolios with the MainStay Funds, but also strong investment performance and sizable inflows from existing and new clients.
“Epoch’s investment philosophy, based on free cash flow analytics, continues to be well-received by the consulting, plan sponsor, and subadvisory communities and resonates as an approach likely to succeed in the years ahead, he added.