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BRIEF-Pzena Investment Management reports results for Q3 of 2016

Oct 18 Pzena Investment Management Inc

* Pzena Investment Management, Inc. reports results for the third quarter of 2016

* Q3 GAAP earnings per share $0.12

* Q3 revenue fell 12.3 percent to $27 million

* Pzena Investment Management Inc says average assets under management for Q3 of 2016 were $26.8 billion, an increase of 2.7% from $26.1 billion for Q2 of 2016

* Pzena Investment -Increase in quarterly AUM from Q2 of 2016 primarily reflects market appreciation over period partially offset by net outflows Source text for Eikon: Further company coverage:

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