Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling higher, capitalizing on established price movements [1] - The Zacks Momentum Style Score helps define momentum characteristics, with BrightSphere Investment Group (BSIG) currently holding a Momentum Style Score of B [2][3] Group 2: BrightSphere Investment Group Performance - BSIG has a Zacks Rank of 1 (Strong Buy), indicating strong potential for outperformance in the market [3] - Over the past week, BSIG shares increased by 0.68%, matching the performance of the Zacks Financial - Investment Management industry [6] - In the last quarter, BSIG shares rose by 32.36%, and over the past year, they increased by 72.54%, significantly outperforming the S&P 500's gains of 9.71% and 33.24% respectively [7] Group 3: Trading Volume and Earnings Outlook - BSIG's average 20-day trading volume is 213,760 shares, which is a useful indicator of market interest and price movement [8] - In the past two months, one earnings estimate for BSIG increased, raising the consensus estimate from $2.31 to $2.59, with no downward revisions [10] - Given these factors, BSIG is positioned as a strong buy with a Momentum Score of B, making it a notable pick for potential near-term gains [11]

Economic Overview - The October Personal Consumption Expenditures (PCE) Price Index indicates a re-acceleration of inflation, with consumer prices rising 2.3% year over year, up from 2.1% in September, which raises questions about the Federal Reserve's timeline for further rate cuts [1] Value Investing Strategy - Amid inflationary pressures and policy uncertainty, value investing is highlighted as a resilient strategy, focusing on stocks undervalued relative to their intrinsic worth [2] - Earnings yield is a key metric for identifying attractive value opportunities, calculated as annual earnings per share (EPS) divided by market price [3] - A higher earnings yield indicates a stock is undervalued compared to those with lower earnings yield, which are seen as overpriced [3] Comparison with Fixed-Income Securities - Earnings yield serves as a more illuminating metric than the traditional P/E ratio, allowing for comparisons with fixed-income securities like the 10-year Treasury yield [4] - If a stock's yield is lower than the 10-year Treasury yield, it is considered overvalued relative to bonds, while a higher yield indicates it is undervalued [5] Stock Screening Criteria - An earnings yield greater than 10% is set as a primary screening criterion, supplemented by estimated EPS growth for the next 12 months greater than or equal to the S&P 500 [6] - Additional criteria include an average daily volume greater than or equal to 100,000 and a current price of at least $5 [7][8] Selected Stocks - **Pitney Bowes (PBI)**: Expected earnings growth of 850% and 176% for 2024 and 2025, respectively, with a Zacks Rank 1 and Value Score of A [9] - **Mr. Cooper Group Inc (COOP)**: Anticipated earnings growth of 62% and 29% for 2024 and 2025, respectively, with a Zacks Rank 1 and Value Score of B [11] - **BrightSphere Investment Group (BSIG)**: Projected earnings growth of 46% and 12% for 2024 and 2025, respectively, with a Zacks Rank 1 and Value Score of B [12] - **Qifu Technology Inc. (QFIN)**: Expected earnings growth of 55% and 12% for 2024 and 2025, respectively, with a Zacks Rank 1 and Value Score of A [13] - **Quad Graphics (QUAD)**: Forecasted earnings growth of 62% and 29% for 2024 and 2025, respectively, with a Zacks Rank 2 and Value Score of A [14]

Core Viewpoint - Investors are seeking growth stocks that can deliver above-average growth and exceptional returns, but identifying such stocks can be challenging due to inherent risks and volatility [1] Group 1: Growth Stock Identification - The Zacks Growth Style Score system helps identify promising growth stocks by analyzing real growth prospects beyond traditional metrics [2] - BrightSphere Investment Group (BSIG) is highlighted as a recommended stock with a favorable Growth Score and a top Zacks Rank [2] Group 2: Earnings Growth - Earnings growth is a critical factor for growth investors, with double-digit growth indicating strong prospects [3] - BrightSphere's projected EPS growth for this year is 45.5%, significantly higher than the industry average of 12.5% [4] Group 3: Asset Utilization - The asset utilization ratio, or sales-to-total-assets (S/TA) ratio, is an important indicator of efficiency in growth investing [5] - BrightSphere has an S/TA ratio of 0.84, indicating it generates $0.84 in sales for every dollar in assets, compared to the industry average of 0.23 [6] Group 4: Sales Growth - Sales growth is another key metric, with BrightSphere expected to achieve a sales growth of 16.6% this year, far exceeding the industry average of 1.2% [7] Group 5: Earnings Estimate Revisions - Positive trends in earnings estimate revisions correlate strongly with near-term stock price movements [8] - BrightSphere has seen a 7.9% increase in current-year earnings estimates over the past month [8] Group 6: Overall Positioning - BrightSphere has earned a Growth Score of B and a Zacks Rank 1 due to positive earnings estimate revisions, positioning it well for potential outperformance [10]

Core Viewpoint - BrightSphere Investment Group (BSIG) has shown significant stock performance, with a 17.3% increase over the past month and a 59.3% rise since the beginning of the year, outperforming both the Zacks Finance sector and the Zacks Financial - Investment Management industry [1][2]. Financial Performance - In the last earnings report on October 31, 2024, BSIG reported an EPS of $0.59, exceeding the consensus estimate of $0.52, and beat the revenue estimate by 7.09% [2]. - For the current fiscal year, BSIG is projected to achieve earnings of $2.59 per share on revenues of $497.42 million, reflecting a 45.51% increase in EPS and a 16.6% increase in revenues [3]. - The next fiscal year forecasts earnings of $2.90 per share on revenues of $530.45 million, indicating year-over-year changes of 11.97% and 6.64%, respectively [3]. Valuation Metrics - BSIG currently trades at 11.8X current fiscal year EPS estimates, below the peer industry average of 12.7X, and at 13.6X on a trailing cash flow basis compared to the peer group's average of 11.4X [7]. - The stock has a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of A [6]. Zacks Rank - BSIG holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, aligning with the recommendation for investors to select stocks with a Zacks Rank of 1 or 2 and Style Scores of A or B [8][9]. Industry Comparison - The Financial - Investment Management industry is performing well, with BSIG and Federated Hermes, Inc. (FHI) both showing strong fundamentals. FHI has a Zacks Rank of 1 and is expected to post earnings of $4.23 per share on revenue of $1.63 billion for the current fiscal year [10][11]. - FHI shares have gained 8.1% over the past month, trading at a forward P/E of 13.26X and a P/CF of 10.86X, indicating favorable conditions within the industry [12].

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: BrightSphere Investment Group (BSIG) - BSIG currently holds a Momentum Style Score of B, indicating a positive outlook based on price changes and earnings estimate revisions [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting strong potential for outperformance in the market [3] Performance Metrics - Over the past week, BSIG shares increased by 6.64%, outperforming the Zacks Financial - Investment Management industry, which rose by 1.25% [5] - In the last month, BSIG's shares rose by 9.74%, compared to the industry's 1.89% [5] - Over the past quarter, BSIG shares have risen by 27.17%, and over the last year, they have increased by 69.41%, while the S&P 500 only moved 10.53% and 37.42% respectively [6] Trading Volume - BSIG's average 20-day trading volume is 192,926 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, one earnings estimate for BSIG has increased, while none have decreased, raising the consensus estimate from $2.31 to $2.59 [9] - For the next fiscal year, one estimate has also moved upwards with no downward revisions [9] Conclusion - Given the positive performance metrics and earnings outlook, BSIG is positioned as a strong momentum pick and is recommended for consideration in the near term [9]

Core Viewpoint - Growth stocks are appealing due to their potential for above-average financial growth, but identifying those with true potential can be challenging [1] Group 1: Company Overview - BrightSphere Investment Group (BSIG) is recommended as a cutting-edge growth stock with a favorable Growth Score and a top Zacks Rank [2] - The company has a historical EPS growth rate of 2.9%, but projected EPS growth for this year is expected to be 45.5%, significantly higher than the industry average of 13.1% [5] Group 2: Financial Metrics - BrightSphere Investment Group has an asset utilization ratio (sales-to-total-assets ratio) of 0.84, indicating it generates $0.84 in sales for every dollar in assets, compared to the industry average of 0.23 [7] - The company's sales are projected to grow by 16.6% this year, while the industry average is only 1% [8] Group 3: Earnings Estimates - There has been a positive trend in earnings estimate revisions for BrightSphere Investment Group, with the Zacks Consensus Estimate for the current year increasing by 12.1% over the past month [10] - The combination of a Growth Score of B and a Zacks Rank 1 suggests that BrightSphere Investment Group is a potential outperformer and a solid choice for growth investors [11]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-38979 BrightSphere Investment Group Inc. (Exact name of registrant as specified in its charter) Delaware ...

Core Viewpoint - BrightSphere Investment Group (BSIG) has shown significant stock performance, with a 13.9% increase over the past month and a 37.7% gain since the start of the year, outperforming both the Zacks Finance sector and the Zacks Financial - Investment Management industry [1][2]. Financial Performance - In the last earnings report on October 31, 2024, BSIG reported an EPS of $0.59, exceeding the consensus estimate of $0.52, and beat the revenue estimate by 7.09% [2]. - For the current fiscal year, BSIG is expected to post earnings of $2.40 per share on revenues of $488.84 million, reflecting a 34.83% change in EPS and a 14.59% change in revenues [3]. - For the next fiscal year, the company is projected to earn $2.68 per share on revenues of $526.28 million, indicating year-over-year changes of 11.67% and 7.66%, respectively [3]. Valuation Metrics - BSIG currently trades at 11X current fiscal year EPS estimates, below the peer industry average of 12X, and at 11.8X trailing cash flow compared to the peer group's average of 10.9X [7]. - The stock has a Value Score of B, a Growth Score of B, and a Momentum Score of C, resulting in a combined VGM Score of A [6]. Zacks Rank - BSIG holds a Zacks Rank of 1 (Strong Buy) due to rising earnings estimates, which positions it favorably for investors [8][9]. Industry Comparison - AllianceBernstein Holding L.P. (AB), a peer in the industry, has a Zacks Rank of 2 (Buy) and is expected to post earnings of $3.56 per share on revenue of $3.44 billion for the current fiscal year [10][11]. - The Financial - Investment Management industry is performing well, ranking in the top 8% of all industries, providing a favorable environment for both BSIG and AB [12].

Contact: Investor Relations ir@bsig.com (617) 369-7300 Exhibit 99.1 BrightSphere Reports Financial and Operating Results for the Third Quarter Ended September 30, 2024 • U.S. GAAP earnings per share of $0.45 for the quarter, compared to $0.46 for Q3'23 • U.S. GAAP net income attributable to controlling interests of $16.9 million for the quarter, compared to $19.6 million for Q3'23 • ENI earnings per share of $0.59 for the quarter, compared to $0.45 for Q3'23 • AUM of $120.3 billion at September 30, 2024, co ...

Financial Data and Key Metrics Changes - The company reported ENI per share of $0.59 for Q3 2024, an increase from $0.45 in Q3 2023 and Q2 2024, representing a 31% increase year-over-year [5][6] - ENI increased by 15% to $22.2 million compared to $19.3 million in Q3 2023, primarily driven by growth in management fee revenue due to higher AUM from market appreciation [5][6] - Positive net client cash flows of $0.5 billion were reported in Q3 2024, compared to breakeven in Q2 2024 and negative $0.5 billion in Q3 2023 [7] Business Line Data and Key Metrics Changes - Acadian's investment performance remained strong, with 85%, 93%, and 94% of its strategies outperforming benchmarks over 3, 5, and 10-year periods respectively [6] - The company has seeded three credit strategies and a new global equity extension strategy, indicating ongoing expansion into new asset classes [8][12] Market Data and Key Metrics Changes - The institutional pipeline is healthy and robust, with positive responses across various geographies and strategies, although some outflows were noted in managed volatility [21][22] - Interest in new strategies, particularly those offering low tracking error and low risk, has been observed, contributing to net flows [31] Company Strategy and Development Direction - The company will rebrand as Acadian Asset Management in Q1 2025, focusing exclusively on its asset management business after divesting six of its seven affiliates [11][12] - The strategic focus remains on maximizing shareholder value through organic growth and share repurchases, with a disciplined approach to capital management [12][28] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the company's streamlined structure and ongoing efforts to optimize operations, while remaining open to strategic alternatives [25][26] - The company anticipates sustained organic growth from new asset classes and continues to focus on building capabilities in credit and equity alternatives [12][22] Other Important Information - The company has reduced corporate overhead by approximately 70% over the last few years, contributing to strong returns for shareholders [12] - A cash balance of approximately $53.6 million was reported at the end of Q3 2024, with Acadian having fully paid down its revolving facility [10] Q&A Session Summary Question: Potential for further expense reductions - Management indicated ongoing expense discipline and a focus on efficiency, but it is uncertain if there will be further absolute dollar reductions in expenses [15][16] Question: Outlook for cash usage and share repurchases - The primary uses of cash will remain investments in organic growth and share repurchases, with decisions being opportunistic based on market conditions [18][28] Question: Update on the institutional pipeline - The pipeline is robust and diverse, with positive responses across various strategies, although some outflows were noted [21] Question: New strategy and potential for strategic alternatives - Management clarified that the focus remains on maximizing shareholder value and that the company is open to strategic alternatives if they create value [25] Question: Traction with new strategies - New strategies are progressing as expected, with interest from clients, although meaningful sales numbers may take time due to the need for a longer track record [26][27] Question: Capital allocation and cash flow usage - The company remains opportunistic regarding capital allocation between buybacks and seeding new strategies, with no predetermined allocation [29]