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

Rhea-AI Summary

Manning & Napier (NYSE: MN) will report its third quarter 2020 financial results on October 28, 2020, after market close. A teleconference will take place at 5:00 p.m. the same day, with access details provided for participants. As of September 30, 2020, the company reported preliminary assets under management of $19.2 billion, comprising $13.6 billion in separately managed accounts and $5.6 billion in mutual funds. The company offers various investment solutions and serves a diverse client base, including individuals and institutions.

FAIRPORT, N.Y., Oct. 12, 2020 /PRNewswire/ -- Manning & Napier, Inc. (NYSE: MN), ("Manning & Napier" or "the Company") today announced that it will report third quarter 2020 financial results after financial markets close on Wednesday, October 28, 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# 5742878. 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 November 12, 2020, and can be accessed by dialing 404-537-3406; and referencing ID # 5742878. The webcast will be archived on Manning & Napier's website.

Assets Under Management
The Company also announced that preliminary September 30, 2020 assets under management ("AUM") were $19.2 billion, which included approximately $13.6 billion in separately managed accounts and approximately $5.6 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 third quarter 2020 financial results?

Manning & Napier will report its third quarter 2020 financial results on October 28, 2020.

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

The teleconference for Manning & Napier's financial results will be held at 5:00 p.m. on October 28, 2020.

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

As of September 30, 2020, Manning & Napier reported assets under management of $19.2 billion.

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

To access the teleconference, dial 706-758-9224 approximately ten minutes before the scheduled start time and reference ID# 5742878.

Will there be a replay available for Manning & Napier's teleconference?

Yes, a replay of the call will be available approximately two hours after completion until November 12, 2020.