Acadian Asset Management Q2 2026: AUM Surges to $232.7B, Net Income More Than Doubles
AAMI has more than doubled off its 52-week low of $40.905.
Summary
Acadian Asset Management reported Q2 2026 net income of $27.3 million ($0.77/share) on AUM of $232.7 billion, with management fees up 44% year-over-year. The company continued share repurchases and filed new equity incentive plan documents.
Key Events · Earnings and Guidance · AAMI
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AUM Reaches $232.7 Billion
Assets under management rose 54% year-over-year to $232.7 billion, fueled by $32.7 billion in market appreciation and $4.3 billion in net inflows during the quarter.
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Management Fees Surge 44%
Management fees increased to $176.5 million from $122.3 million a year ago, driven by higher average AUM of $219.6 billion, partially offset by a lower effective fee rate of 32.2 bps.
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Net Income More Than Doubles
Net income attributable to controlling interests rose to $27.3 million ($0.77 per share) from $10.1 million ($0.28 per share) in Q2 2025, reflecting strong operating leverage.
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Share Repurchases Continue
The company repurchased 151,182 shares at an average price of $69.92 during the quarter, totaling $10.6 million, with $16.7 million remaining under the current authorization.
Analysis · AAMI · Finance
A standout second quarter saw assets under management climb 54% year-over-year to $232.7 billion, powered by strong market appreciation and continued net inflows. Management fees jumped 44% to $176.5 million, and net income attributable to controlling interests more than doubled to $27.3 million, or $0.77 per share. The results highlight the firm's ability to convert AUM growth into earnings, even as the effective fee rate compressed slightly due to mix shifts. The balance sheet remains solid with $64.6 million in cash and a largely undrawn $175 million revolver, while the company continued its buyback program, repurchasing $10.6 million in shares during the quarter. The filing also includes new equity incentive plan award agreements, reinforcing the alignment of employee and shareholder interests.
At the time of this filing, AAMI was trading at $91.41 on NYSE in the Finance sector, with a market capitalization of approximately $3.3B. The 52-week trading range was $40.91 to $93.61. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.