Welcome to our dedicated page for Affiliated Managers Group news (Ticker: AMG), a resource for investors and traders seeking the latest updates and insights on Affiliated Managers Group stock.
Affiliated Managers Group, Inc. (AMG) is a New York Stock Exchange–listed company in the finance and insurance sector that describes itself as a strategic partner to leading independent investment management firms globally. The AMG news feed on Stock Titan aggregates company-issued press releases, earnings announcements, and other public disclosures that shed light on its partnerships, assets under management, and capital decisions.
AMG’s recent news has focused on quarterly financial and operating results, including diluted earnings per share, Economic earnings per share, net client cash flows, and changes in assets under management. These releases are accompanied by detailed financial tables and conference call information, giving investors insight into performance trends across private markets, liquid alternatives, and differentiated long-only strategies.
The company also issues news about strategic collaborations and transactions. Examples from 2025 include a definitive agreement to acquire a minority equity interest in Montefiore Investment, a European private equity firm focused on the services sector, and a strategic collaboration with Brown Brothers Harriman’s BBH Credit Partners to expand structured and alternative credit solutions in the U.S. wealth marketplace. AMG has additionally reported on transactions involving existing Affiliates, such as the sale of its interest in Comvest Partners’ private credit business as part of an acquisition by Manulife Financial Corporation.
Other news items cover capital structure and governance developments, including the issuance of 5.500% Senior Notes due 2036, the planned redemption of 5.15% Convertible Trust Preferred Securities due 2037, share repurchases, quarterly dividends, and changes to the Board of Directors. For investors tracking AMG (NYSE: AMG), this news page offers a single location to review earnings releases, partnership announcements, financing activities, and board updates over time.
The Third Avenue International Real Estate Value Fund (NASDAQ: REIFX) has celebrated its 10-year anniversary, marking a decade of notable achievements. The Fund has outperformed its benchmark by over 425 basis points annually. It received a 5-Star overall rating from Morningstar and a Silver Medalist designation in the Global Real Estate category as of April 30, 2024. Established by Portfolio Manager Quentin Velleley, CFA, in 2014, the Fund employs a value-oriented investing approach, focusing on long-term opportunities in international listed real estate. This strategy has positioned the Fund to benefit from pricing inefficiencies and uncorrelated returns, underpinned by its concentrated and rigorous investment methodology.
AMG announced the acquisition of a minority equity interest in Suma Capital, a pan-European private markets firm specializing in the transition to a lower carbon economy. Suma, led by co-founders Enrique Tombas, David Arroyo, and Pablo Muller, manages approximately $800 million in assets focused on infrastructure and growth strategies. This partnership, AMG’s ninth private markets Affiliate, aligns with AMG's strategy to expand into secular growth areas. The specific terms of the transaction were not disclosed, and Suma's partners will retain a significant majority of the equity and continue to manage daily operations.
AMG reported strong financial results for the first quarter of 2024, with an EPS of $4.14 and Economic EPS of $5.37. The company's net income stood at $150 million, with Economic Net Income reaching $187 million. Economic Earnings per share saw a significant 28% year-over-year increase. AMG also issued $450 million of 40-year junior hybrid debt and repurchased around $150 million in common stock.
AMG (NYSE: AMG) will announce its first-quarter results on May 6, 2024. The company will report financial and operating results for the first quarter ended March 31, 2024, along with a conference call at 8:30 a.m. Eastern Time on the same day. The call will include discussions on future expectations led by top executives. Interested parties can access the call via phone or online, with a replay available shortly after. More information can be found on AMG's website.
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