Epoch Announces 39% Increase in AUM to $7.9 Billion
NEW YORK--(Business Wire)--
Epoch Investment Partners, Inc. ("Epoch" or the "Company"), a leading investment
manager and investment adviser and the sole operating subsidiary of Epoch
Holding Corporation (Nasdaq: EPHC), today announced that its assets under
management ("AUM") were approximately $7.9 billion as of June 30, 2009, an
increase of 39% from $5.7 billion as of March 31, 2009.
"We are most pleased to announce a significant increase in AUM for the quarter,"
said William W. Priest, Chief Executive Officer of the Company. "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."
"We are encouraged about our position in a market that is returning to a `back
to basics` investment approach. 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."
About Epoch Holding Corporation
Epoch Holding Corporation conducts its operations through Epoch Investment
Partners, Inc., a wholly-owned subsidiary and a registered investment adviser
under the Investment Advisers Act of 1940, as amended. Investment management and
investment advisory services are the Company's sole line of business.
Headquartered in New York, the Company's current product offerings include U.S.
Large Cap Value; U.S. Small Cap Value; U.S. SMID Cap Value; U.S. All Cap Value;
Global Small Cap; Global Absolute Return; Global Equity Shareholder Yield;
Global All Cap; and International Small Cap.
For more information about Epoch contact Phil Clark at Epoch Investment
Partners, Inc. 212-303-7210, pclark@eipny.com or visit Epoch's website at
www.eipny.com
Safe Harbor Statement:
This press release may contain forward-looking statements that involve known and
unknown risks, uncertainties and other factors which may cause the actual
results, performance or achievements of the Company to be materially different
from any future results, performance or achievements expressed or implied in
such forward-looking statements. Additional discussion of factors that could
cause actual results to differ materially from management's projections,
estimates and expectations is contained in the Company's SEC filings. The
Company undertakes no duty to update its forward-looking statements, including
its earnings outlook.
Epoch Investment Partners, Inc.
Phil Clark, 212-303-7210
pclark@eipny.com
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