Manning & Napier, Inc. to Report Second Quarter Results; Announces June 30, 2020 Assets Under Management

Rhea-AI Summary

Manning & Napier, Inc. (NYSE: MN) announced it will report its second quarter 2020 financial results on July 30, 2020, after market close. A teleconference is scheduled for 5:00 p.m. the same day, accessible via phone or live webcast. Preliminary assets under management (AUM) as of June 30, 2020 were $18.6 billion, with $13.1 billion in separately managed accounts and $5.5 billion in mutual funds. A replay of the call will be available through August 14, 2020.

FAIRPORT, N.Y., July 13, 2020 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that it will report second quarter 2020 financial results after financial markets close on Thursday, July 30, 2020. The Company will host a teleconference to discuss its results at 5:00 p.m. that day. To access the teleconference, please dial 706-758-9224 (domestic and international) approximately ten minutes before the teleconference's scheduled start time and reference ID# 2889015. A live webcast will also be available on the investor relations portion of Manning & Napier's website at http://ir.manning-napier.com/.

A replay of the call will be available approximately two hours after the call's completion through August 14, 2020, and can be accessed by dialing 404-537-3406; and referencing ID# 2889015. The webcast will be archived on Manning & Napier's website.

Assets Under Management
The Company also announced that preliminary June 30, 2020 assets under management ("AUM") were $18.6 billion, which included approximately $13.1 billion in separately managed accounts and approximately $5.5 billion in mutual funds and collective investment trusts.

About Manning & Napier, Inc.
Manning & Napier (NYSE: MN) provides a broad range of investment solutions through separately managed accounts, mutual funds, and collective investment trust funds, as well as a variety of consultative services that complement our investment process. Founded in 1970, we offer equity, fixed income and alternative strategies, as well as a range of blended asset portfolios, including life cycle funds. We serve a diversified client base of high-net-worth individuals and institutions, including 401(k) plans, pension plans, Taft-Hartley plans, endowments and foundations. For many of these clients, our relationship goes beyond investment management and includes customized solutions that address key issues and solve client-specific problems. We are headquartered in Fairport, NY.

Safe Harbor Statement
This press release and other statements that the Company may make may contain forward-looking statements within the meaning of section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which reflect the Company's current views with respect to, among other things, its operations and financial performance. Words like "believes," "expects," "may," "estimates," "will," "should," "intends," "plans," or "anticipates" or the negative thereof or other variations thereon or comparable terminology, are used to identify forward-looking statements, although not all forward-looking statements contain these words. Although the Company believes that it is basing its expectations and beliefs on reasonable assumptions within the bounds of what it currently knows about its business and operations, there can be no assurance that its actual results will not differ materially from what the Company expects or believes. Some of the factors that could cause the Company's actual results to differ from its expectations or beliefs include, without limitation: changes in securities or financial markets or general economic conditions; a decline in the performance of the Company's products; client sales and redemption activity; changes of government policy or regulations; and other risks discussed from time to time in the Company's filings with the Securities and Exchange Commission.

Contacts

Investor Relations Contact
Sean Silva
Prosek Partners
646-818-9122
ssilva@prosek.com

Public Relations Contact
Nicole Kingsley Brunner
Manning & Napier, Inc.
585-325-6880
nbrunner@manning-napier.com

 

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SOURCE Manning & Napier, Inc.

FAQ

When will Manning & Napier report its second quarter financial results?

Manning & Napier will report its second quarter financial results on July 30, 2020, after market close.

What time is the teleconference for Manning & Napier's second quarter results?

The teleconference is scheduled for 5:00 p.m. on July 30, 2020.

How can I access the teleconference for Manning & Napier's results?

To access the teleconference, dial 706-758-9224 approximately ten minutes before the start time and reference ID# 2889015.

What are Manning & Napier's assets under management as of June 30, 2020?

As of June 30, 2020, Manning & Napier's assets under management were $18.6 billion.

How long will the replay of the teleconference be available?

The replay of the teleconference will be available until August 14, 2020.