Affiliated Managers Group Inc logo

Affiliated Managers Group Inc

FRA:AFS (USA)   Ordinary Shares
€ 151.00 (+1.34%) Apr 23
9.32
P/B:
1.49
Market Cap:
€ 4.92B ($ 5.26B)
Enterprise V:
€ 6.10B ($ 6.53B)
Volume:
-
Avg Vol (2M):
-
Also Trade In:

Business Description

Affiliated Managers Group Inc logo
Affiliated Managers Group Inc
NAICS : 523920 SIC : 6282
ISIN : US0082521081

Share Class Description:

FRA:AFS: Ordinary Shares
Description
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.