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For the second quarter of 2009, total revenues were $9.23 million, compared $9.68 million in the second quarter of 2008.
For the first six months ended June 30, 2009, net income was $2.27 million, or $0.12 per diluted share, compared to $3.28 million, or $0.17 per diluted share, in the same period of 2008.
Total revenues were $16.26 million, compared to $18.96 million in the same period of 2008.
Richard Foote, Highbury's president and CEO, said: "In the second quarter of 2009, Highbury's weighted average assets under management totaled approximately $4.6 billion with a weighted average fee basis of 0.76%."
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The Connors Group, Inc. ("Company") is not an investment advisory service, nor a registered investment advisor or broker-dealer and does not purport to tell or suggest which securities or currencies customers should buy or sell for themselves. The analysts and employees or affiliates of Company may hold positions in the stocks, currencies or industries discussed here. You understand and acknowledge that there is a very high degree of risk involved in trading securities and/or currencies. The Company, the authors, the publisher, and all affiliates of Company assume no responsibility or liability for your trading and investment results. Factual statements on the Company's website, or in its publications, are made as of the date stated and are subject to change without notice.
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