The Company generally manages assets on a discretionary basis, and invests in a variety of United States and international securities through various investment styles. Unlike many of its competitors, the Company's business is focused principally on investment management. As such, the Company's revenues are largely based on the level of assets under management in its business and the level of fees associated with its various investment products, rather than total assets of the Company.
Revenues reflect the growth of average assets managed in open end mutual funds.
Net income reflects lower compensation expensation expenses due to lower incentive compensation. All Rights Reserved. Privacy Policy - Terms of Service Company information Copyright Market Guide . Data and information is provided for informational purposes only, and is not intended for trading purposes.