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home / news releases / AMG - Affiliated Managers Q2 AUM up on market appreciation

AMG - Affiliated Managers Q2 AUM up on market appreciation

Affiliated Managers Group Inc.
  • Affiliated Managers (NYSE:AMG) reports Q2 Economic EPS of $2.74 beats consensus of $2.71, $3.33 in 2Q19.
  • AUM of $638.4B vs. $599.9B in Q1, $772.2B in 2Q19.
  • Net client cash flows were driven by ongoing performance headwinds concentrated in certain quantitative strategies offset by organic growth across private markets, wealth management, and traditional and alternative fixed income strategies.
  • Aggregate fees of $960.9M vs. $1.16B in 2Q19.
  • Issued $350M 10-year senior bond, extending duration and enhancing financial flexibility.
  • Conference Call at 8:30 ET
  • Prior: Affiliated Managers EPS beats by $0.03, beats on revenue
  • More news on: Affiliated Managers Group, Inc., Financial stocks news, Earnings news and commentary,
Stock Information
Company Name: Affiliated Managers Group Inc.
Stock Symbol: AMG
Market: NYSE
Website: amg.com
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