Pzena Investment Management AUM perks up almost 5% in July vs. June

Aug. 08, 2022 5:53 PM ETPzena Investment Management, Inc. (PZN)By: Max Gottlich, SA News Editor

Money saving and growth concept.

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  • Pzena Investment Management (NYSE:PZN) said Monday that its preliminary assets under management climbed to $47.2B at the end of July, up from $45.0B at June 30.
  • However, July's reading is still down from $52.5B in the year-ago period.
  • Separately managed accounts AUM totaled $16.5B in July, up from $16.4B in June but down from $19.6B in July 2021.
  • Sub-advised accounts AUM for July rose to $28.1B from $26.1B in June, but down from $30.2B in July of last year.
  • And Pzena funds AUM mounted to $2.6B in July vs. $2.5B in June and $2.7B a year ago.
  • Previously, (July 11) Pzena Investment Management recorded ~11% sequential decline in June AUM.

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