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Manning & Napier, Inc. Reports August 31, 2013 Assets Under Management

  Manning & Napier, Inc. Reports August 31, 2013 Assets Under Management

Business Wire

FAIRPORT, N.Y. -- September 12, 2013

Manning & Napier, Inc. (NYSE: MN), (“Manning & Napier” or “the Company”) today
reported preliminary assets under management (AUM) of $47.2 billion at August
31, 2013, compared with $46.3 billion at June 30, 2013 and $45.2 billion at
December 31, 2012. AUM by investment vehicle and by portfolio are set forth in
the table below.

                                   Assets Under Management
                                    (in millions)
                                    
                                    August 31,   June 30,      December 31,
                                    2013          2013           2012
                                                                  
                                                                  
By investment vehicle:
Separate accounts                   $ 25,104.5     $  24,791.5   $  24,683.6
                                    
Mutual funds and collective           22,070.3         21,526.2       20,525.3
investment trusts
                                                                
Total                               $ 47,174.8     $  46,317.7   $  45,208.9
                                                                  
By portfolio:
Blended Asset                       $ 22,152.9     $   21,723.4   $   20,470.7
                                                                  
Equity                                23,886.7         23,405.4       23,472.5
                                                                  
Fixed Income                          1,135.2          1,188.9        1,265.7
                                                                
Total                               $ 47,174.8     $  46,317.7   $  45,208.9


About Manning & Napier, Inc.

Manning & Napier (NYSE: MN) provides a broad range of investment solutions
through separately managed accounts, mutual funds, and collective investment
trust funds, as well as a variety of consultative services that complement our
investment process. Founded in 1970, we offer equity and fixed income
portfolios as well as a range of blended asset portfolios, such as life cycle
funds, that use a mix of stocks and bonds. We serve a diversified client base
of high-net-worth individuals and institutions, including 401(k) plans,
pension plans, Taft-Hartley plans, endowments and foundations. For many of
these clients, our relationship goes beyond investment management and includes
customized solutions that address key issues and solve client-specific
problems. We are headquartered in Fairport, NY and had 515 employees as of
June 30, 2013.

Safe Harbor Statement

This press release and other statements that the Company may make may contain
forward-looking statements within the meaning of section 27A of the Securities
Act of 1933 and Section 21E of the Securities Exchange Act of 1934, which
reflect the Company’s current views with respect to, among other things, its
operations and financial performance. Words like “believes,” “expects,” “may,”
“estimates,” “will,” “should,” “intends,” “plans,” or “anticipates” or the
negative thereof or other variations thereon or comparable terminology, are
used to identify forward-looking statements, although not all forward-looking
statements contain these words. Although the Company believes that it is
basing its expectations and beliefs on reasonable assumptions within the
bounds of what it currently knows about its business and operations, there can
be no assurance that its actual results will not differ materially from what
the Company expects or believes. Some of the factors that could cause the
Company’s actual results to differ from its expectations or beliefs include,
without limitation: changes in securities or financial markets or general
economic conditions; a decline in the performance of the Company’s products;
client sales and redemption activity; changes of government policy or
regulations; and other risks discussed from time to time in the Company’s
filings with the Securities and Exchange Commission.

Contact:

Investor Relations
Prosek Partners
Brian Schaffer, 212-279-3115, ext. 229
bschaffer@prosek.com
or
Public Relations
Manning & Napier, Inc.
Nicole Kingsley Brunner, 585-325-6880
nbrunner@manning-napier.com
 
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