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.
Affiliated Managers Group (NYSE: AMG) reported a third-quarter EPS of $3.00 and an Economic EPS of $4.00 for 2021, with net income at $128 million. The company saw a 26% growth in Adjusted EBITDA to $228 million, driven by strong Affiliate performance. Positive net client cash flows of $3.3 billion reflected solid demand in private and liquid strategies. AMG repurchased $100 million in shares, totaling $390 million this year. The firm expanded through a partnership with Abacus Capital Group, managing over $110 billion in assets.
Affiliated Managers Group (AMG) will release its financial and operating results for Q3 2021 on November 1, 2021. The results will be discussed in a conference call at 8:30 a.m. Eastern Time on the same day. Led by President and CEO Jay C. Horgen and CFO Thomas M. Wojcik, the call may cover management's future expectations. Interested parties can dial 1-877-407-8291 for U.S. calls, or 1-201-689-8345 for international attendees. A replay will be available shortly after the call ends.
Affiliated Managers Group (AMG) has completed its partnership with Parnassus Investments, a leader in active responsible investing with $49 billion under management. Parnassus, founded in 1984, integrates rigorous ESG research into its investment strategy. The firm is recognized for its top-rated mutual funds, with over 95% of its assets under management achieving a 4 or 5-star rating from Morningstar. The transaction terms remain undisclosed, but key executives have committed to long-term employment at Parnassus.
Affiliated Managers Group (AMG) has entered into a definitive agreement to acquire a majority equity interest in Abacus Capital Group, focusing on the growing U.S. multifamily real estate sector valued at $3.5 trillion. This partnership marks AMG's fourth new Affiliate in 2021, highlighting its appeal in succession planning among alternative firms. Abacus has approximately $2 billion in assets under management, boasting a strong track record in multifamily investments. The transaction, set to close in Q4 2021, aims to enhance both firms' growth potential while preserving operational independence.
Affiliated Managers Group (NYSE: AMG) reported significant growth in its second quarter 2021 results. EPS reached $2.55, while Economic EPS was $4.03. The company recorded a net income of $109 million and an Adjusted EBITDA of $227 million, marking a 40% increase year-over-year. AMG's Assets Under Management (AUM) rose to $755.7 billion. A notable partnership with Parnassus Investments enhances AMG's ESG strategy, now managing over $80 billion in dedicated ESG assets. Additionally, AMG repurchased $80 million of common stock and announced a cash dividend.
Affiliated Managers Group (AMG) will report its financial and operating results for the second quarter on July 28, 2021, followed by a conference call at 8:30 a.m. Eastern Time. The call will feature insights from Jay C. Horgen, President and CEO, and Thomas M. Wojcik, CFO.
Interested parties can join via U.S. and non-U.S. dial-ins. A replay will be available post-call, and the presentation can also be accessed on the company's website.
Affiliated Managers Group, Inc. (NYSE: AMG) has appointed David C. Ryan to its Board of Directors, effective immediately. Ryan, a corporate advisor to Temasek Holdings, brings over 22 years of experience from Goldman Sachs, including leadership roles in Asia. His appointment aims to enhance AMG's strategy in expanding its footprint in Asia and strengthening client relationships. The Board's Chair highlighted Ryan’s extensive corporate governance experience as integral to their ongoing refreshment process and skill enhancement within the Board.
AMG has entered a definitive agreement to acquire a majority equity interest in Parnassus Investments, the largest ESG-dedicated fund manager in the U.S. This acquisition boosts AMG's ESG-dedicated AUM to approximately $80 billion, contributing around $70 million to Adjusted EBITDA and $1.30 to Economic Earnings per Share in 2022. The transaction will close in the second half of 2021, contingent on customary conditions and regulatory approvals. Parnassus will maintain operational independence post-acquisition, ensuring continuity in their investment approach.
Affiliated Managers Group (AMG) reported strong financial results for Q1 2021, with EPS of $3.41 and Economic EPS of $4.28. The company saw net income of $150 million and Adjusted EBITDA of $247 million, reflecting a 23% year-over-year growth. AMG repurchased $210 million in common stock and enhanced its U.S. wealth distribution platform to improve client outcomes. The introduction of OCP Asia as a new Affiliate underscores AMG's commitment to expanding its private market solutions. Overall, AMG remains well-positioned for future organic growth amidst a favorable macro environment.
Affiliated Managers Group (AMG) has acquired a minority equity interest in OCP Asia Limited, enhancing its footprint in private credit markets. OCP Asia, managing approximately $3 billion, specializes in secured lending solutions across the Asia-Pacific region. The firm is recognized for its ability to deliver exceptional risk-adjusted returns and operates independently despite AMG's investment. This partnership marks AMG's second affiliation in the region, aimed at capitalizing on significant market opportunities.
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