Epoch Investment assets under management more than doubles in year to $12.6 billion
By APWednesday, April 7, 2010
Epoch assets under management rise to $12.6B
NEW YORK — Epoch Investment Partners Inc. on Wednesday said its assets under management more than doubled in the past year.
As of March 31, the investment adviser said its assets under management totaled $12.6 billion. That’s more than double the $5.7 billion a year earlier. The figure rose 11 percent from $11.4 billion at Dec. 31.
Assets under management measures how much money an investment firm handles for its customers.
The company said the increase reflected several new institutional and sub-advisory mandates in both U.S. and global products.
Epoch Investment Partners is the sole operating subsidiary of Epoch Holding Corp.
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