Revenues and Other Operating IncomeRevenues and other operating income for the second quarter of 2012 totaled $32.7 million, down 26% from $43.9 million for the first quarter of 2012, driven primarily by lower investment management fees. Investment management fees were $33.3 million for the second quarter of 2012, down 22% from $42.8 million for the first quarter of 2012, due to a decrease in average assets under management and a decrease in the effective fee rate.
Artio Global Investors Reports Second Quarter 2012 Results; Announces Dividend Of $0.02 Per Share
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