Earnings IncreaseRaising 4Q24e ENI by +13% to $1.13 from $0.99 and '25e increasing by +7.8% to $2.59 from $2.40 on better performance fees and lower variable comp.
Leadership And BrandingElevates Kelly Young, CEO of sole remaining affiliate, Acadian Asset Mgmt, to CEO effective Jan 1, 2025, and BrightSphere to rebrand to Acadian Asset Mgmt with ticker change to AAMI.
Organizational RestructureBSIG takes final step in collapsing multi-affiliate structure, transitioning to a single focused asset manager.