It was another great quarter for WisdomTree
, but not so much for Cohen and Steers
New York City-based smart beta ETF specialist WisdomTree reported
a 9.9-percent jump in assets under management last quarter, rising to $61.3 billion on June 30. Its earnings per share of $0.18 beat
estimates by $0.02, and its revenue of $81.6 million beat by $250,000.
On the flip side, New York City-based real estate-focused asset manager Cohen and Steers suffered
an 8.3 percent drop in AUM last quarter, to $50.148 billion on June 30. Yet Cohen and Steers still beat expectations
, by $0.05 with EPS of $0.45 and by $2.5 million with revenue of $83.5 million.
Other shops also had a good quarter, though not as good as WisdomTree's. Invesco's
0.7 percent to $803.6 billion. It reported EPS of $0.63, beating
expectations by a penny, and revenue of $1.32 billion, beating expectations by $10 million.
Affiliated Managers Group (AMG
its AUM rise 1.67 percent last quarter to $642.738 billion. And despite missing
revenue expectations by $15.51 million by bringing in $646.6 million, its EPS of $3.08 beat expectations by $0.06.
T. Rowe Price's
0.583 percent to $500.1 billion. It reported
EPS of $1.24, $0.04 ahead of expectations, and $1.07 billion in revenue, $10 million ahead of expectations.
0.46 percent to $109.2 billion. Its EPS of $0.74 was in line
with expectations, while its revenue of $211.5 million expectations by $3.43 million.
EPS of $0.72, surpassing
expectations by $0.03, and revenue of $202.1 million, beating expectations by $3.2 million.
Cohen and Steers wasn't the only shop that had a painful quarter. Virtus'
4 percent to $52.4 billion. Yet it defied
expectations, with EPS of $2.21 (ahead by $0.06) and revenue of $99.66 million (ahead by $8.55 million).
0.498 percent to $699.2 billion. Yet it, too, expectations
, reporting EPS of $0.84 (ahead by $0.01) and revenue of $708.6 million (ahead by $5.88 million).
0.165 percent ot $485.1 billion. Its EPS of $0.48 missed
expectations by $0.01, though its revenue of $792.73 million beat expectations by $10.92 million.
Manning and Napier suffered
a 5.48 percent AUM drop to $43.1 billion. Its EPS of $0.24 fell short
of expectations by $0.04, and its revenue of $87 million fell short by $400,000.
AUM at Franklin Templeton
parent Franklin Resources fell
two percent last quarter to $866.5 billion. Its EPS of $0.82 missed
by $0.06, and its revenue of $2 billion missed by $40 million.
0.408 percent to $24.4 billion. Yet its EPS of $0.21 beat expectations
by $0.08, and its revenue of $60.35 million beat by $980,000.
Waddell & Reed's
two percent to $121 billion. Its EPS of $0.80 missed
by $0.03, yet its revenue of $394 million beat expectations by $7.12 million.
2.8 percent to $2.374 trillion. Its EPS of $1.37 and its revenue of $2.73 billion were both in line
two percent to $349.7 billion. Yet its EPS of $0.40 beat expectations
by $0.02, and its revenue of $228.13 million beat expectations by $2.4 million.
just 0.105 percent to $189.5 billion. Its EPS of $0.24 was in line
with expectations, yet its revenue of $271.9 million was $2.72 million above expectations.
one percent to $4.72 trillion. Yet its EPS of $4.96 beat expectations
by $0.16, and its revenue of $2.91 billion beat expectations by $60 million.
Neil Anderson, Managing Editor
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