Epoch Announces 15% Increase in Assets under Management.NEW YORK New York, state, United States New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of -- Epoch Investment Partners, Inc. ("Epoch" or the "Company"), a leading investment manager and investment adviser and the operating subsidiary An operating subsidiary is a business term frequently used within the United States railroad industry. In the case of a railroad, it refers to a company that is a subsidiary but operates with its own identity and rolling stock. of Epoch Holding Corporation (Nasdaq: EPHC EPHC Environment Protection and Heritage Council EPHC Eastern Pacific Hurricane Center EPHC Eliminating Pseudo-Handoff Calls (handoff scheme) EPHC Edgewood Pentecostal Holiness Church (Columbia, SC) ), today announced that its assets under management Assets Under Management (AUM) is a term used by financial services companies in the mutual fund and money management or investment management business to gauge how much money they are managing. ("AUM Aum (ä·ōōmˑ), n.pr 1. in Ayurveda, the subtle, noiseless cosmic vibration in which consciousness existed in the beginning, before the elements appeared. ") increased to $4.41 billion as of December 31, 2006 from $3.84 billion as of September 30, 2006. "We continue to be heartened by the interest shown in Epoch from the institutional, sub-advisory, and consulting communities. Epoch had a strong 2006 for portfolio returns and growth in assets," said William W. Priest, Chief Executive Officer of the Company. "Assets increased 15% in the quarter ended December 31, 2006 and virtually doubled for the calendar year in total. We maintain our confidence that we will be able to serve the changing needs of our clients well into the years ahead, especially as the paradigm shifts we see in the investment markets continue to unfold and the importance of free cash flow becomes more and more apparent to investors." About Epoch Holding Corporation Epoch Holding Corporation conducts its operations through Epoch Investment Partners, Inc., a wholly-owned subsidiary and a registered investment adviser under the Investment Advisers Act of 1940. Investment management and investment advisory services advisory services advisory services provided to the public, in their capacity as owners and managers of animals, are an important part of veterinary science. They may be provided by government bureaux, by commercial companies who deal in pharmaceuticals or animals or animal are the Company's sole line-of-business. Headquartered in New York with an office in Sherman Oaks, CA, the Company's current product offerings include U.S. Value; U.S. Small Cap Value; U.S. All Cap Value; U.S. Balanced; Global Small Cap Value; Global Absolute Return; Global Equity Shareholder Yield; and International Small Cap Value. For more information about Epoch contact Phil Clark Phil Clark may refer to:
Safe Harbor Safe Harbor 1. A legal provision to reduce or eliminate liability as long as good faith is demonstrated. 2. A form of shark repellent implemented by a target company acquiring a business that is so poorly regulated that the target itself is less attractive. Statement: This press release may contain forward-looking statements that involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied in such forward-looking statements. Additional discussion of factors that could cause actual results to differ materially from management's projections, estimates and expectations is contained in the Company's SEC filings. The Company undertakes no duty to update its forward-looking statements, including its earnings outlook. |
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