NOVATO, Calif., Feb. 3, 2015 /PRNewswire/ -- Hennessy
Advisors, Inc. (NASDAQ:HNNA) today announced that assets under
management in the mutual funds it manages have surpassed the
$6 billion mark, following strong
investor inflows and market appreciation. Assets under
management for Hennessy Advisors were nearly $4.5 billion at January
31, 2014 and have grown 34% since
then.
"The past year has been very strong for the U.S. financial
markets, and we are very pleased with the performance delivered by
our family of mutual funds. We have experienced increased
interest and investments from Financial Advisors and individual
investors alike," said Neil
Hennessy, President, Chairman and CEO of Hennessy Advisors,
Inc. Hennessy serves approximately 15,000 Financial Advisors
and 300,000 shareholders nationwide.
About Hennessy Advisors, Inc.
Hennessy Advisors, Inc. is a publicly traded investment manager
offering a broad range of domestic equity, specialty and sector,
balanced and fixed income mutual funds. Hennessy Advisors,
Inc. is committed to its consistent and repeatable investment
process, combining time-tested stock selection strategies with a
highly disciplined, team-managed approach, and to superior service
to shareholders.
Supplemental Information
Nothing in this press release shall be considered a solicitation
to buy or an offer to sell a security to any person in any
jurisdiction where such offer, solicitation, purchase or sale would
be unlawful under the securities laws of such jurisdiction.
Media Contacts:
Tania Kelley
Hennessy Advisors, Inc.
tania@hennessyadvisors.com; 800-966-4354
Melissa Murphy
SunStar Strategic
MMurphy@sunstarstrategic.com; 212-600-2150
Available Topic Expert(s): For information on the listed
expert(s), click appropriate link.
Neil J. Hennessy
https://profnet.prnewswire.com/Subscriber/ExpertProfile.aspx?ei=100270
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SOURCE Hennessy Advisors, Inc.