Cunningham continued, “2011 provided evidence of the strength of our business. We introduced new equity products including the Manning & Napier Emerging Market Series and Inflation Focus Equity Series. We grew revenues by 29% with rapid growth in economic income and we were able to sustain that growth while distributing nearly $150.0 million in pre-IPO owner dividends in 2011.”Cunningham concluded, “Manning & Napier is committed to helping clients solve problems and addressing the growing issues around financial well-being and the rising costs of healthcare. As we enter 2012, we continue to focus on expanding our geographic reach, introducing new products to the marketplace, and, as always, providing solutions to achieve long-term financial security for our clients.”
Manning & Napier, Inc. Reports Fourth Quarter And Year-End 2011 Earnings Results
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