Assets Under ManagementAMG’s aggregate assets under management were $728.4 billion, up 14.6% year-over-year, surpassing the FactSet consensus.
Earnings GrowthEconomic EPS increased 18.1% to $4.82, benefiting from the positive impact of share repurchases.
Investment RatingMaintaining OUTPERFORM rating, shares are trading at a discount to its peer group average, indicating approximately 13% upside potential.