Financial Performance - The company's Total AUM decreased by 1% to $373.2 billion in Q1 2025 compared to $378.7 billion in Q4 2024 [3] [4] - Net inflows were $2.0 billion in Q1 2025, down from $3.3 billion in Q4 2024 [3] - U.S GAAP diluted EPS remained flat at $0.77, while adjusted diluted EPS decreased from $1.07 to $0.79 [3] - A dividend of $0.40 per share was declared, a 3% increase, and $27 million of shares were repurchased [4] Investment Performance - Long-term investment performance remains solid, with 77% of AUM outperforming the relevant benchmark for the 3-year period, 65% for the 5-year period, and 73% for the 10-year period [3] - 71% of mutual fund AUM was in the top 2 Morningstar quartiles [6] Flows and Capabilities - The company experienced its fourth consecutive quarter of net inflows, supported by a 44% year-over-year increase in gross sales [8] - Fixed Income and Alternatives flows were positive, while Multi-Asset and Equities flows were impacted by industry headwinds [14] - In Q1 2025, Equities had net sales/(redemptions) of -$4.2 billion, Fixed Income had $5.6 billion, Multi-Asset had -$0.6 billion, and Alternatives had $1.2 billion [15] Strategic Initiatives - The company is executing its strategic vision, focusing on protecting and growing core businesses, amplifying strengths, and diversifying where it has the right to win [25] [26] - The Guardian partnership amplifies strengths in Fixed Income, Multi-Asset, and Model Portfolios, expanding presence in institutional markets and the insurance space [30] - The company repurchased approximately 0.6 million shares in Q1 2025 for $27 million, and the board approved a new buyback authorization of up to $200 million through April 2026 [24]

Brings Total Capital Raised Across Apollo S3 Platform to Nearly $10 Billion Since 2022 LaunchNEW YORK, May 01, 2025 (GLOBE NEWSWIRE) -- Apollo (NYSE: APO) today announced the final close of Apollo S3 Equity and Hybrid Solutions Fund I (“ASEHS” or the “Fund”), the flagship equity secondaries drawdown strategy of Apollo’s Sponsor and Secondary Solutions (S3) platform, with approximately $5.4 billion in commitments. The final closing exceeded the target, reflecting strong support from a diverse group of global ...

Group 1 - The funds listed are suspended from live trading on Nasdaq Copenhagen on May 1 due to a national holiday in Norway [2] - Trading for the affected share classes will resume on May 2 [2] - Storebrand Asset Management AS is Norway's largest private asset manager with approximately DKK 900 billion in assets under management (AuM) [2] Group 2 - Storebrand has been a global pioneer in ESG investing for over 30 years, providing sustainable investment solutions [2] - The company offers a multi-boutique platform in Denmark, featuring brands such as Storebrand Funds, SKAGEN Funds, and Cubera Private Equity [2] - Storebrand is recognized as a leading Nordic provider of sustainable pensions and savings [2]

Westwood Holdings Group (WHG) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Company Participants Jill Meyer - Senior VP & Director of Fiduciary ServicesBrian Casey - President & Chief Executive OfficerTerry Forbes - SVP, CFO and Treasurer Conference Call Participants Macrae Sykes - Portfolio Manager & Research Analyst Operator Good day, and thank you for standing by. Welcome to the Westwood Holdings Group First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only ...

Core Insights - AGF Investments Inc. is reducing management and administration fees for certain funds, reflecting its commitment to competitive pricing and responsiveness to market trends [1][2]. Management Fee Changes - Effective May 1, management fees are reduced for several funds, including: - AGF Equity Income Fund Series F from 0.85% to 0.80% - AGF European Equity Class Series MF, T from 2.50% to 1.90% - AGF European Equity Class Series F from 1.00% to 0.90% - AGF Global Strategic Income Fund Series MF, T, V from 2.25% to 2.00% [3]. Fixed Administration Fee Changes - Effective May 1, administration fees are reduced for the AGF European Equity Class: - Series MF from 0.38% to 0.17% - Series T from 0.38% to 0.17% - Series F from 0.32% to 0.02% [5]. Risk Rating Changes - Risk ratings for AGF European Equity Class and Fund are updated from Medium-High to Medium, following an annual review using prescribed risk classification methodology [7].

Company Overview - Westwood Holdings Group's AUM was $18.0 billion as of March 31, 2025, including $17.0 billion in AUM and $1.0 billion in AUA[7] - Employees and directors own approximately 33% of the company's equity[6] - The company reported total revenues of $23.2 million and net income of $0.5 million for 1Q 2025[21] Investment Strategies and Products - U.S Value Equity accounts for 51% of the firm's strategy breakdown[12] - Multi-Asset/Multi-Strategy represents 28% of the firm's strategy breakdown[12] - Wealth strategy accounts for 21% of the firm's strategy breakdown[12] - Institutional Separate Accounts & Other Managed Accounts make up 53% of assets by account type[12] - Westwood Mutual Funds & ETFs represent 23% of assets by account type[12] ETF Platform - Westwood launched its ETF platform in 2024 and has five funds[14, 15] Diversity and Inclusion - Approximately 41% of Westwood's employees are women[17] - Around 20% of the corporate board members are women[17] - In 2024, about 38% of new team members came from diverse backgrounds[17]

Westwood Holdings Group (WHG) Q1 2025 Earnings Call April 30, 2025 04:30 PM ET Speaker0 Good day, and thank you for standing by. Welcome to the Westwood Holdings Group First Quarter twenty twenty five Earnings Call. At this time, all participants are in a listen only mode. After the speakers' presentation, there will be a question and answer session. To ask a question during the session, you'll need to press 11 on your telephone. You will then hear an automated message advising your hand is raised. To withd ...

I’ve been long T. Rowe Price (NASDAQ: TROW ) since 2022 as the company was sitting on a very clean balance sheet in combination with trading much below its average valuation seen over the pastEarly 30s 'buy and hold' investor trying to achieve financial freedom to the greatest extent possible. Main focus within dividend growth investing & value. I've been investing for 10+ years and worked across several industries including finance, logistics, oil and pharma. Holding a Graduate Diploma within Accounting an ...

Core Insights - Westwood Holdings Group, Inc. reported strong performance in Q1 2025, with significant achievements in both Institutional and Intermediary channels, including a nearly $1 billion sub-advisory mandate in Small Cap Value strategy and the best sales quarter since 2022 in the Intermediary channel [2][3] - The company launched the LBRTY Global Equity ETF and celebrated the one-year anniversary of the MDST ETF, which has an annualized distribution rate of 10.5% [1][2] - Firmwide assets under management (AUM) totaled $18.0 billion, comprising $17.0 billion in AUM and $1.0 billion in assets under advisement (AUA) [3] Financial Performance - Quarterly revenues were $23.3 million, down from $25.6 million in the previous quarter but up from $22.7 million a year ago [7] - Net income for Q1 2025 was $0.5 million, a decrease from $2.1 million in Q4 2024 and $2.3 million in Q1 2024 [4][5] - Diluted earnings per share (EPS) were $0.05 compared to $0.24 in Q4 2024 and $0.27 in Q1 2024 [4][5] Economic Earnings - Non-GAAP Economic Earnings for Q1 2025 were $2.5 million, or $0.29 per share, compared to $3.4 million, or $0.39 per share in Q4 2024, and $3.0 million, or $0.36 per share in Q1 2024 [4][5][7] - The company declared a cash dividend of $0.15 per common share, payable on July 1, 2025 [7] Balance Sheet and Cash Flow - As of March 31, 2025, total assets were $134.988 million, down from $149.989 million at the end of Q4 2024 [14] - Cash and cash equivalents decreased to $9.418 million from $18.847 million in the previous quarter [15] - Stockholders' equity totaled $119.3 million, with no debt reported [7][14]

Core Insights - Apollo is a high-growth global alternative asset manager with a focus on providing excess returns across various risk-reward spectrums [2] - As of December 31, 2024, Apollo managed approximately $751 billion in assets [2] Company Participation - Martin Kelly, the Chief Financial Officer of Apollo, will participate in a fireside chat at the Barclays Americas Select Franchise Conference on May 7, 2025, at 8:30 am EDT [1] - A live webcast of the event will be available on Apollo's Investor Relations website, with a replay accessible shortly after the event [1]