NEW YORK, June 07, 2016 (GLOBE NEWSWIRE) -- Pzena Investment Management, Inc. (NYSE:PZN) today reported its preliminary assets under management as of May 31, 2016.
AUM for month-end May 2016, month-end April 2016, and month-end May 2015 are listed below:
| Pzena Investment Management, Inc. | ||||||||||||
| Assets Under Management1 | ||||||||||||
| ($ billions) | ||||||||||||
| As of | As of | As of | ||||||||||
| May 31, 2016 | April 30, 2016 | May 31, 2015 | ||||||||||
| Account Type | ||||||||||||
| Institutional Accounts | $ | 14.7 | $ | 14.9 | $ | 16.3 | ||||||
| Retail Accounts | 11.6 | 11.7 | 12.3 | |||||||||
| Total | $ | 26.3 | $ | 26.6 | $ | 28.6 | ||||||
| Investment Strategy2 | ||||||||||||
| U.S. Value Strategies | ||||||||||||
| Large Cap Value | $ | 9.5 | $ | 9.6 | $ | 11.2 | ||||||
| Mid Cap Value | 2.2 | 2.2 | 2.0 | |||||||||
| Value | 1.9 | 1.9 | 1.8 | |||||||||
| Small Cap Value | 1.2 | 1.2 | 1.2 | |||||||||
| Other U.S. Strategies | — | — | 0.1 | |||||||||
| Total U.S. Value Strategies | 14.8 | 14.9 | 16.3 | |||||||||
| Global & Non-U.S. Value Strategies | ||||||||||||
| International Value | 4.2 | 4.2 | 3.8 | |||||||||
| Global Value | 3.7 | 3.8 | 5.6 | |||||||||
| Emerging Markets Value | 2.1 | 2.2 | 1.8 | |||||||||
| European Value | 1.3 | 1.3 | 0.9 | |||||||||
| Other Global & Non-U.S. Value Strategies | 0.2 | 0.2 | 0.2 | |||||||||
| Total Global & Non-U.S. Value Strategies | 11.5 | 11.7 | 12.3 | |||||||||
| Total | $ | 26.3 | $ | 26.6 | $ | 28.6 | ||||||
| Account Domicile | ||||||||||||
| U.S. | $ | 19.3 | $ | 19.6 | $ | 20.3 | ||||||
| Non-U.S. | 7.0 | 7.0 | 8.3 | |||||||||
| Total | $ | 26.3 | $ | 26.6 | $ | 28.6 | ||||||
| 1 Numbers may be subject to rounding. | ||||||||||||
| 2 Inclusive of our Expanded Value, Focused Value and variations thereof. | ||||||||||||
About Pzena
Pzena Investment Management, LLC, the firm's operating company, is a value-oriented investment management firm. Founded in 1995, Pzena Investment Management has built a diverse, global client base. More firm and stock information is posted at www.pzena.com.
