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India

Affiliated Managers Group Inc (AMG.N)

AMG.N on New York Stock Exchange

190.33USD
21 Nov 2017
Change (% chg)

$3.65 (+1.96%)
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$186.68
Open
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Day's High
$190.33
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$187.39
Volume
62,816
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70,675
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$198.18
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Latest Key Developments (Source: Significant Developments)

Affiliated Managers Group reports Q3 earnings per share of $2.22
Monday, 30 Oct 2017 

Oct 30 (Reuters) - Affiliated Managers Group Inc :AMG reports financial and operating results for the third quarter of 2017.Q3 earnings per share $2.22.Q3 earnings per share view $3.36 -- Thomson Reuters I/B/E/S.Q3 revenue $585.7 million.Affiliated Managers Group Inc - ‍AMG's aggregate assets under management were approximately $804 billion at September 30, 2017​.Affiliated Managers Group Inc - qtrly ‍economic earnings per share were $3.41​.  Full Article

Affiliated Managers Group Q2 earnings per share $1.97
Monday, 1 Aug 2016 

Affiliated Managers Group Inc : Q2 earnings per share $1.97 . Amg reports financial and operating results for the second quarter and first half of 2016 . Q2 earnings per share view $3.01 -- Thomson Reuters I/B/E/S . AMG's aggregate assets under management were approximately $700 billion at June 30, 2016 . Q2 revenue view $563.9 million -- Thomson Reuters I/B/E/S . Qtrly economic EPS of $3.06 . Net client cash flows for Q2 of 2016 were $0.6 billion .Qtrly revenue $ 554.1 million versus $ 646.6 million.  Full Article

AMG announces pricing of 2.50 mln common shares
Tuesday, 7 Jun 2016 

Affiliated Managers Group Inc : AMG announces pricing of public offering of common stock . Says offering 2.50 million common shares . Pricing of an underwritten public offering for expected gross proceeds of approximately $425 million .AMG announces pricing of public offering of common stock.  Full Article

Affiliated Managers Group says offering 2.50 mln shares
Tuesday, 7 Jun 2016 

Affiliated Managers Group Inc : AMG announces proposed public offering of common stock .Says offering 2.50 million common shares.  Full Article

Affiliated Managers Group enters commitment increase agreement
Monday, 6 Jun 2016 

Affiliated Managers Group Inc : Entered commitment increase agreement increasing commitments under revolving credit agreement from $1.3 billion to $1.45 billion . Entered commitment increase and joinder agreement increasing borrowings under term credit agreement from $350 million to $385 million . May further increase commitments under revolving credit agreement by up to $350 million - SEC filing . May borrow up to an additional $65 million under term credit agreement - SEC filing .Filed prospectus persuant to which co may issue, sell shares having aggregate sales price of up to $500 million.  Full Article

Affiliated Managers Group to invest in leading alternative firms
Monday, 6 Jun 2016 

Affiliated Managers Group Inc : AMG announces agreement to invest in leading alternative firms . AMG will acquire interests in firms from Petershill Fund I for approximately $800 million in total consideration . Will acquire interests in firms from Petershill Fund I in cash at closing, funded up to 50% in equity . Upon closing, AMG's assets under management expected to increase by $55 billion to nearly $700 billion (pro forma as of march 31, 2016) . Reached definitive agreement with Petershill Fund I to acquire Petershill Fund I's minority equity interests in five alternative investment firms . AMG expects that transaction will increase economic earnings per share by $0.50 to $0.80 in 2017 . On closing senior management at each of firms will continue to hold unchanged majority of equity in each respective business . Reached agreement with Petershill Fund I, a group of investment vehicles managed by Goldman Sachs Asset Management L.P. . AMG's investment in interests representing about half of total transaction value is expected to close during q3 of 2016 .Balance of AMG's investment expected to close by year-end 2016.  Full Article

BRIEF-Affiliated Managers Group names Karen Yerburgh to board

* AMG names Karen Yerburgh to its board of directors Source text for Eikon: Further company coverage: