Net flows fell 14.81% to USD 11.93 billion, as funding agreements dropped 51.16% to USD 5.72 billion.
Total assets rose to USD 472.88 billion from USD 442.21 billion at Dec. 31, while interest sensitive contract liabilities increased to USD 344.59 billion from USD 315.89 billion.
Q2 results and revenue growth
Athene posted Q2 net income of USD 1.69 billion; net income attributable to stockholders rose 113.15% to USD 989 million.
Total revenue climbed 70.78% to USD 9.15 billion, driven by net investment income of USD 4.99 billion and investment-related gains of USD 2.99 billion.
Spread earnings and net investment spread
Non-GAAP spread related earnings increased 6.95% to USD 877 million, while the net investment spread narrowed 11 basis points to 1.47%.
APO•
