Affiliated Managers Group, Inc. (MGRE)
Affiliated Managers Group, Inc. operates in the Asset Management industry of the Financial Services sector, headquartered in West Palm Beach, FL, US. The stock last traded at $22.81, up 0.35% on the session, giving a market capitalisation of $9.63B. On trailing twelve-month figures it carries a trailing P/E of 11.66, a net margin of 33.9%. Its beta of 1.18 implies it has historically moved more than the broad market.
Affiliated Managers Group, Inc. (AMG) operates as a prominent asset management firm, delivering comprehensive investment solutions through its diverse network of subsidiary companies. Primarily serving the United States, AMG provides investment management expertise to a broad spectrum of clients, including individual investors with substantial wealth, institutional entities, and various mutual funds. The company extends its services by offering specialized advisory and sub-advisory expertise for mutual funds. These investment vehicles reach both individual retail investors and institutional clients, either through direct engagement or via an extensive network of financial intermediaries. This network comprises independent investment advisors, sponsors of retirement plans, broker-dealers, significant fund platforms, and bank trust departments. For its institutional distribution channel, AMG presents a wide array of investment strategies. These encompass various equity styles categorized by market capitalization (small, small/mid, mid, and large), incorporating both value and growth philosophies, alongside dedicated emerging markets portfolios. Furthermore, its product suite extends to quantitative, alternative, and fixed-income solutions. AMG also takes on the responsibility of managing assets for philanthropic foundations, educational endowments, and both corporate and municipal defined benefit and defined contribution pension plans. Overall, Affiliated Managers Group delivers overarching investment management, personalized investment counseling, and crucial fiduciary oversight. Founded in 1993, the firm's headquarters are located in West Palm Beach, Florida. Beyond its primary base, AMG maintains a significant global footprint with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan; Zurich, Switzerland; and Delaware.
Affiliated Managers Group, Inc. is most often compared with the following Financial Services names: