09:51 AM EST - Gluskin Sheff + Associates Inc. : announced today its estimated Assets Under Management (AUM) as at its fiscal year ended June 30, 2015. Estimated Assets Under Management were $8.5 billion. Included in AUM are $2.3 billion of assets with a June 30 performance year-end, $5.9 billion of assets with a December 31 performance year end and approximately $250 million of non-performance fee assets. AUM decreased by $82.4 million to $8.5 billion as at June 30, 2015, down approximately 1% from March 31, 2015. The decrease in AUM is attributable to negative net investment performance of $24.8 million and net withdrawals of $57.6 million. $48.7 million in net withdrawals were from institutional clients and $8.9 million in net withdrawals were from high net worth clients. Gluskin Sheff + Associates Inc.
shares T.GS are trading down $0.06 at $25.60.
