Affiliated Managers Group Reports Strong 2024 Growth

Affiliated Managers Group ( (AMG) ) has released its Q4 earnings. Here is a breakdown of the information Affiliated Managers Group presented to its investors.

Affiliated Managers Group (AMG) is a strategic partner to leading independent investment management firms globally, focusing on creating long-term value through investments in high-quality, partner-owned firms across private markets, liquid alternatives, and differentiated long-only strategies.

In its latest financial report, AMG announced a record Economic Earnings per Share growth of 10% for 2024, driven by strategic business evolution and disciplined capital allocation. The company’s strategic initiatives include increasing exposure to alternative markets and a new partnership with NorthBridge Partners, enhancing AMG’s presence in industrial logistics real estate assets.

Key financial highlights include an Economic EPS of $6.53 in Q4 2024 and $21.36 for the full year, alongside a net income of $512 million for controlling interest. AMG also repurchased $700 million in common stock, approximately 13% of shares outstanding, reflecting its commitment to shareholder value. The company’s assets under management grew to $707.9 billion by year-end, with notable growth in private markets.

AMG’s strategic growth initiatives, including new affiliate partnerships and product development in the U.S. wealth market, underscore its focus on long-term growth. The partnership with NorthBridge Partners marks a significant step in expanding AMG’s private markets engagement, catering to the demand for specialized investment strategies.

Moving forward, AMG is well-positioned for 2025, with ample financial flexibility to execute its growth strategy and enhance shareholder value, leveraging its proven partnership model and strategic capabilities developed over three decades.