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 reports financial and operating developments tied to its role as a strategic partner to independent investment management firms globally. Company updates commonly cover assets under management, net client cash flows, affiliate investment activity, and performance across private markets, liquid alternatives, and differentiated long-only strategies.
AMG news also includes capital allocation actions such as common stock repurchases, dividends, debt financing, and securities redemptions. Recurring corporate items include new or expanded partnerships with affiliate managers, board composition changes, investor conference participation, and quarterly earnings releases.
Pantheon has formed a strategic real estate platform with Elliott Bay, a significant player in healthcare-focused real estate. This partnership targets outpatient healthcare assets leased to top specialty providers and health systems, marking Pantheon’s third real estate initiative since 2021. The new platform aims to capitalize on the growing need for smaller outpatient facilities amid an aging population. Additionally, Pantheon strengthens its team with the appointment of Jonathan Lulu as Managing Director, enhancing its capital formation and business development efforts. As of September 30, 2023, Pantheon manages $88.9 billion in assets.
Affiliated Managers Group (AMG) announced that Jay C. Horgen, the President and CEO, will present at the Credit Suisse Financial Services Forum on February 14, 2023, at 2:25 p.m. ET. Additionally, CFO Thomas M. Wojcik is scheduled to speak at the BofA Securities Financial Services Conference on February 15, 2023, at 10:30 a.m. ET.
Both presentations will be available via live audio webcast on AMG's website, with replays accessible shortly after the events. AMG is a leader in partnering with independent investment management firms, managing approximately $651 billion in assets as of December 31, 2022.
Affiliated Managers Group (AMG) reported its fourth quarter and full-year 2022 results with a notable net income of $1.1 billion, bolstered by a $576 million gain from the BPEA transaction. The company achieved a 10% growth in Economic Earnings per share for the year, reaching $20.14, driven by strong Affiliate performance and strategic capital allocation. AMG repurchased $475 million in common stock and initiated a $225 million accelerated share repurchase program. Despite facing challenges in net client cash flows, which totaled $(33.0 billion) for the year, the firm remains optimistic about leveraging unique opportunities in the evolving market landscape.
Affiliated Managers Group (NYSE: AMG) will announce its fourth quarter and full year financial results for 2022 on February 6, 2023, at 8:30 a.m. Eastern Time. Following the results release, a conference call will be hosted by Jay C. Horgen (President and CEO) and Thomas M. Wojcik (CFO) to discuss both past and expected future performance.
Interested parties can join the call by dialing 1-877-407-8291 (U.S.) or 1-201-689-8345 (international). A replay will be available one hour after the call via the same numbers and on the AMG website.
Pantheon has announced the elevation of four new Partners, including three promotions and a new hire, enhancing its operational capabilities and growth in Asia. The new Partners include Stephen Branagan, Dianne Remanous, and Akitoshi Yamada, all of whom have significantly contributed to their respective teams. Additionally, Dean Maines joins as Chief Financial Officer, bringing experience from Affiliated Managers Group (NYSE: AMG). The firm recognized a total of 98 professionals in its annual promotion round, underscoring its commitment to leadership development and operational excellence.
Affiliated Managers Group (NYSE: AMG) announced that its President and CEO, Jay C. Horgen, alongside CFO Thomas M. Wojcik, will speak at the Goldman Sachs 2022 U.S. Financial Services Conference on December 6, 2022, at 12:20 p.m. ET. The event will include a live audio webcast available on AMG's website, with a replay accessible shortly after. As of September 30, 2022, AMG's total assets under management reached approximately $645 billion, highlighting its status as a leading partner in active investment management globally.
Affiliated Managers Group (AMG) reported a Q3 2022 EPS of $2.80 and an Economic EPS of $4.21, marking a 5% year-over-year increase. The firm experienced a net income of $113 million and Economic Net Income of $166 million. Despite challenges, net client cash flows improved with $3.3 billion in inflows for alternative strategies. AMG repurchased $80 million of stock in Q3, totaling $345 million year-to-date. A recent investment in a $4 billion private markets firm enhances AMG's capital position, providing opportunities for growth and diversification.
Affiliated Managers Group (AMG) is set to release its financial and operating results for Q3 2022 on November 7, 2022, at 8:30 a.m. ET. The results will cover the period ending September 30, 2022. The conference call will feature insights from CEO Jay C. Horgen and CFO Thomas M. Wojcik. Stakeholders can listen in by dialing specific numbers or accessing the live stream via AMG's website. A replay of the call will be available shortly after its conclusion, ensuring that investors can stay updated on AMG’s performance and future expectations.
Affiliated Managers Group (AMG) reported a second-quarter EPS of $2.68 and an Economic EPS of $4.03 for 2022, maintaining earnings resilience during market volatility. Net income was $109 million, while Economic Net Income stood at $161 million. Adjusted EBITDA reached $213 million. The company saw net client cash flows of $(11.4 billion) due to client de-risking, offset by solid performance in alternatives and ESG strategies. AMG repurchased $80 million in common stock and $45 million in junior convertible debt securities, strengthening its capital position.
Affiliated Managers Group (NYSE: AMG) will announce its Q2 2022 financial results on August 1, 2022, followed by a conference call at 8:30 a.m. Eastern Time. CEO Jay C. Horgen and CFO Thomas M. Wojcik will discuss the company's performance and future expectations. Interested parties can join the call by dialing 1-877-407-8291 for U.S. calls or 1-201-689-8345 for international ones. A replay will be available, and the presentation will be accessible on the AMG website.