Financial Performance - Net long-term inflows reached $28.9 billion, representing an annualized organic growth of 7.9%[17] - Ending AUM hit a record $2.1 trillion[17] - Net revenues increased by 7.4% to $1186.3 million, while adjusted operating expenses increased by 3.3% to $780.2 million year-over-year[16] - Adjusted diluted EPS increased by 38.6% year-over-year to $0.61[16] - The adjusted operating margin improved by 260 basis points year-over-year to 34.2%[16] Balance Sheet and Capital Management - $260 million of bank term loans were repaid in Q3'25[8] - Share buybacks of $25 million, representing 1.2 million shares, were executed[17] - Ending long-term AUM grew 16% over the third quarter of 2024[17] AUM and Flows by Investment Capability - ETFs and Index strategies saw net long-term inflows of $21.4 billion and an ending AUM of $605.7 billion[9] - Fundamental Fixed Income experienced net long-term inflows of $4.1 billion and an ending AUM of $308.8 billion[9] - Fundamental Equities had net outflows of $5.0 billion with an ending AUM of $299.6 billion[9] - China JV & India saw net long-term inflows of $8.1 billion and an ending AUM of $136.8 billion[9]