Epoch Investment Partners, Inc. (“ Epoch” or the “Company”), a leading investment manager and investment adviser and the sole operating subsidiary of Epoch Holding Corporation (Nasdaq: EPHC), today announced that its assets under management (“AUM”) were approximately $16.0 billion as of September 30, 2011, a decrease of 6% from $17.1 billion as of June 30, 2011. "Despite the backdrop of global economic concerns and a significant decline in equity markets, we continued to be selected for new investment mandates and gather flows in our U.S. and global equity investment strategies during the quarter,” stated William W. Priest, Chief Executive Officer of the Company. “Our investment philosophy focuses upon identifying companies producing significant free cash flow and led by managements with a history of effective capital allocation. That philosophy, combined with a portfolio construction process directed at providing superior returns with relatively low volatility, has led to a favorable reception for our services. Interest in our approach has increased with the pickup in volatility we have witnessed in the capital markets this year.” About Epoch Holding CorporationEpoch 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, as amended. Investment management and investment advisory services are the Company's sole line of business. Headquartered in New York, the Company's investment strategies include U.S. Equity (All Cap, Large Cap, SMID Cap and Small Cap Value; Choice), Global Equity (Shareholder Yield, Choice, Absolute Return and Small Cap) and International Small Cap.For more information about Epoch contact Clive Gershon at Epoch Investment Partners, Inc. 212-991-5404, firstname.lastname@example.org or visit Epoch's website at www.eipny.com.Safe Harbor StatementThis 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. The most significant of these factors include, but are not limited to, the following: the performance of financial markets, the investment performance of sponsored investment products and separately managed accounts, general economic conditions, industry trends, future acquisitions, competitive conditions, and government regulations. For further information regarding these forward-looking statements and the factors that could cause actual results to differ, see "Risk Factors" and "Forward-Looking Statements" in our Form 10-K for the year ended June 30, 2011. Other factors besides those listed in "Risk Factors" and "Forward-Looking Statements", and those listed above, could also adversely affect our revenues, financial condition, results of operations and business prospects. The Company undertakes no duty to update its forward-looking statements, including its earnings outlook.
Shares of Epoch Holding Corporation (Nasdaq:EPHC) have taken a tremendous swing upward. The stock is trading at $15.46 as of 3:50 p.m. ET, 21.6% above Monday's closing price of $12.71. Volume is at 55,151, 1.3 times the daily average of 42,400.