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DundeeWealth(TM) reports third quarter 2009 results

  //business-finance.news-articles.net/content/200 .. ealth-tm-reports-third-quarter-2009-results.html
  Published in Business and Finance on Tuesday, November 3rd 2009 at 5:00 GMT by Market Wire
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 Highlights ---------- ------------------------------------------------------------------------- As at: September 30, December 31, (in billions of $) 2009 2008 ------------------------------------------------------------------------- AUM (Assets Under Management) 33.6 25.4 ------------------------------------------------------------------------- AUA (Assets Under Administration) 24.9 22.1 ------------------------------------------------------------------------- Bank Deposits 6.8 4.7 ------------------------------------------------------------------------- Total(1) 65.4 52.2 ------------------------------------------------------------------------- For the nine months ended: September 30, September 30, (in millions of $) 2009 2008 ------------------------------------------------------------------------- Revenues 531 648 ------------------------------------------------------------------------- EBITDA 107 126 ------------------------------------------------------------------------- 

 ---------------------- (1) Due to rounding, figures may not add to total shown (2) Performance fees are generally determined on December 31 of each year, and are only included in earnings when the amount of performance fees earned can be determined with certainty. Performance fees are impacted by capital market forces and therefore variances to this amount on a period by period basis may be significant.