Acadian Asset Management Inc. (AAMI)
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
$93.58+1.45%
Close 2026-09-04 · 1-day change
NYSEFinancialsAsset ManagementSnapshot 2026-09-04
QuarterlyIQ Insights · AAMI
How strong the business is — where it ranks within its sector on capital efficiency and cash generation, and how well management has been executing.
How this business ranks within financials on a research-validated quality screen. As of 2026-09-04.
The screen ranks AAMI against its sector on four durable signals: share dilution, return on capital, free-cash-flow yield, and FCF margin. Historically the highest-quality names tended toward better typical outcomes and fewer bad years over multi-year holds (strongest at three years, modest at one), and that pattern showed up even before the price moved. It characterizes business quality, not price direction.
Each leg is a sector-relative percentile (higher is better); 3 of 4 legs were available for this name. The composite is built from these four; the raw value follows each percentile for context.
A forward quality tilt, not a price prediction, and context for your own research rather than a recommendation. Not investment advice.
How management runs the business: capital, margins, balance sheet, and how reliably they guide and deliver.
Each factor is a parallel diagnostic with a clear read of what it shows and how names like it have historically fared. Never aggregated into a single score.
Operating income rose in 1 of the last 3 quarter-over-quarter moves. Historically, Financials names rated neutral grew net income 55% of the time over the next year (vs 62% for the rest of the cohort, n=10246).
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Met or beat guidance 100% of the last 2 guided quarters · 108.0% avg surprise
Priorities management has stated in recent disclosures, with status and evidence drawn from earnings calls, filings, and press releases.
Continue to grow assets under management organically via positive net client cash flows and market appreciation.
Stated as a priority in 4 of last 4 quarters. Assets under management grew from $177.5 billion in 2025-Q4 to $232.7 billion in 2026-Q2, a 31% increase over four quarters, driven by sustained positive net client cash flows including $4.3 billion in Q2 2026. Management has consistently emphasized organic growth through net client cash flows and AUM expansion, and the financials show delivering momentum.
“Acadian achieved its tenth consecutive quarter of positive net client cash flows in Q2 2026 with $4.3 billion, ending the quarter with $232.7 billion of AUM, up 54% from Q2 2025.”
“Acadian achieved its ninth consecutive quarter of positive net client cash flows in Q1 2026, with a quarterly record $21.4 billion, ending with $195.7 billion of AUM, up 61% from Q1 2025.”
“Acadian achieved its eighth consecutive quarter of positive net client cash flows in Q4 2025, with $5.4 billion, ending the year with a record-high $177.5 billion of AUM.”
“Eight consecutive quarters of positive net flows, driven by Enhanced, Extension and Emerging Markets equity strategies.”
Focus on growing recurring management fees and economic net income through organic growth and fee expansion.
Stated as a priority in 4 of last 4 quarters. Recurring management fees increased from $146.4 million in 2025-Q4 to $176.5 million in 2026-Q2, a 20% increase over two quarters, while economic net income more than doubled from $22.9 million in Q2 2025 to $47.5 million in Q2 2026. Management consistently links fee growth to ENI expansion, and the financials confirm delivering progress.
Continue to control operating expenses and improve operating margins through operating leverage and expense management.
Stated as a priority in 4 of last 4 quarters. ENI Operating Margin improved significantly from 30.7% in 2025-Q2 to 40.3% in 2026-Q2, a 960 basis point expansion, despite a 19% increase in operating expenses, reflecting improved operating leverage. Management has consistently emphasized expense discipline and margin improvement, and the financials show delivering progress.
Continue returning capital to shareholders through quarterly dividends and opportunistic share repurchases.
Stated as a priority in 4 of last 4 quarters. The company repurchased shares each quarter, including 0.2 million shares for $10.6 million in 2026-Q2, and has maintained a quarterly dividend of $0.10 per share since 2025-Q4. Management has consistently emphasized returning capital to shareholders, and the financials confirm ongoing execution.
Pursue growth through new product launches and targeted distribution expansion in systematic credit and global wealth channels.
Stated as a priority in 2 recent disclosures including 2026-Q2 and May 2026 Investor Forum. Management highlights growth through new product launches and distribution initiatives, including a tax-aware long/short strategy. While financials show strong growth overall, specific product revenue or volume milestones are not detailed, indicating early-stage or ongoing execution.
Over the trailing year it converted -1.12x of net income into operating cash flow. Historically, Financials names rated fragile grew net income 52% of the time over the next year (vs 61% for the rest of the cohort, n=6844).
Most sensitive to the broad stock market.
Not enough signal to read sensitivity to the US dollar, Fed net liquidity, real (inflation-adjusted) rates, long-term interest rates (low R² over the window).
6 material management or governance events in the past 24 months, led by executive changes. Historically, Financials names rated stable grew net income 56% of the time over the next year (vs 57% for the rest of the cohort, n=2725).
Not investment advice. As of 2026-09-04.
“Record quarterly management fees of $176.5 million, up 44% from Q2 2025; ENI $47.5 million, up 107%.”
“Record quarterly management fees of $159.3 million, up 41% from Q1 2025; ENI $37.6 million, up 85%.”
“Record quarterly management fees of $146.4 million, up 32% from Q4 2024; ENI $47.2 million, slightly down from prior year.”
“Management fees growth driven by positive net client cash flows and market appreciation.”
“ENI Operating Margin expanded 959 bps to 40.3% for the quarter, up from 30.7% in Q2 2025.”
“ENI Operating Margin expanded 978 bps to 38.1% for the quarter, up from 28.3% in Q1 2025.”
“ENI Operating Margin expanded 338 bps to 45.7% for the quarter, up from 42.3% in Q4 2024.”
“Ongoing expense discipline and investment in technology and infrastructure.”
“Repurchased 0.2 million shares for $10.6 million; Board declared quarterly dividend of $0.10 per share.”
“Repurchased 0.1 million shares for $4.7 million; Board declared quarterly dividend of $0.10 per share.”
“Repurchased 1.8 million shares in 2025 for $48 million; Board increased quarterly dividend to $0.10 per share.”
“Share repurchases suspended in Q4 2025 to support deleveraging; dividends maintained.”
“Focused on growth strategy including distribution initiatives and new product offerings.”