SEAMARK Asset Management Ltd has posted record third quarter financial results.

Earnings for the three months ended Sept. 30, 2002 were $2.57 million or 0.24 per diluted share. It’s up 41% from $1.79 million or $0.17 per diluted share earned in the same period of 2001.

The company says it has continued to attract new assets. Net new assets were $400 million for the quarter and assets under management, after market value declines of approximately $700 million, stood at $8.6 billion as at Sept. 30, 2002 compared to $8.9 billion at June 30, 2002.