Assets Under ManagementAMG’s aggregate assets under management were $728.4 billion, up 14.6% year-over-year, surpassing the FactSet consensus.
EarningsEconomic EPS increased 18.1% to $4.82, benefiting from the positive impact of share repurchases over the past 12 months.
Investment RatingReiterating the OUTPERFORM investment rating and the recently raised 12-month price target of $210, suggesting approximately 17% upside from current levels.