Acadian Asset Management Inc. - Q1 2026 Earnings Release

Acadian Asset Management Inc. reported strong financial and operating results for the first quarter ended March 31, 2026. The company achieved a record quarterly net inflow of $21.4 billion, representing 12% of beginning Assets Under Management (AUM), driven by its Enhanced, Extension, and Global strategies. Total AUM reached $195.7 billion, a 61% increase from the first quarter of 2025. Quarterly management fees were also a record at $159.3 million, up 41% year-over-year. U.S. GAAP net income attributable to controlling interests rose by 21% to $24.3 million, with diluted earnings per share increasing by 26% to $0.68. Economic Net Income (ENI) saw a significant 85% increase to $37.6 million, and ENI diluted earnings per share grew by 94% to $1.05. The ENI Operating Margin expanded by 978 basis points to 38.1%. The company also announced a quarterly interim dividend of $0.10 per share. Acadian highlighted its strong long-term investment performance, with 96% of strategies outperforming benchmarks over 3-, 5-, and 10-year periods.