Affiliated Managers GroupAMG
Market Cap: 5.64B
About: Affiliated Managers Group offers investment strategies to investors through its network of affiliates. The firm typically buys a majority interest in small to midsize boutique asset managers, receiving a fixed percentage of revenue from these firms in return. Affiliates operate independently, with AMG providing strategic, operational, and technology support, as well as global distribution. At the end of December 2023, AMG's affiliate network—which includes firms like AQR Capital Management, and Pantheon in alternative assets and other products (which accounted for 35% of AUM), Artemis, Genesis, Harding Loevner, and Tweedy Browne in global and emerging-market equities (28%) and Frontier, River Road, Parnassus, and Yacktman in U.S. equities (21%)—had $672.2 billion in managed assets.
Employees: 4,000
Fund manager confidence
Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)
64% more call options, than puts
Call options by funds: $4.15M | Put options by funds: $2.53M
33% more first-time investments, than exits
New positions opened: 60 | Existing positions closed: 45
5% more capital invested
Capital invested by funds: $4.76B [Q4 2023] → $5.01B (+$249M) [Q1 2024]
4% more funds holding
Funds holding: 380 [Q4 2023] → 395 (+15) [Q1 2024]
0% more funds holding in top 10
Funds holding in top 10: 4 [Q4 2023] → 4 (+0) [Q1 2024]
1.72% less ownership
Funds ownership: 93.03% [Q4 2023] → 91.31% (-1.72%) [Q1 2024]
20% less repeat investments, than reductions
Existing positions increased: 117 | Existing positions reduced: 147
Research analyst outlook
5 Wall Street Analysts provided 1 year price forecasts over the past 6 months
5 analyst ratings
Barrington Research Alexander Paris | 7%upside $190 | Outperform Maintained | 11 Jul 2024 |
TD Cowen Bill Kirk | 14%upside $201 | Buy Maintained | 8 Jul 2024 |
TD Cowen Bill Kirk | 12%upside $198 | Buy Maintained | 7 May 2024 |
Barrington Research Alexander Paris | 7%upside $190 | Outperform Maintained | 7 May 2024 |
Barrington Research Alexander Paris | 7%upside $190 | Outperform Maintained | 9 Apr 2024 |
Financial journalist opinion
Based on 4 articles about AMG published over the past 30 days