Affiliated Managers Group Inc
AMG Expects Fundraising in Private Equity
Fundraising in 2H17 In 1Q17, Affiliated Managers Group (AMG) did not see fundraising in private equity, though it did see realizations. According to management, large fundraising in private equity is expected towards the end of 2017 and at the beginning of 2018. This fundraising is expected due to strong performance by private equity affiliates Pantheon and EIG […]
Affiliates Continue to Drive AMG’s Performance
Rise in affiliates Thanks to Affiliated Managers Group’s (AMG) relationship with major companies, it has a positive outlook due to the increase in investments in new affiliates. Despite global political uncertainty, AMG is still in a position to compete with alternative asset managers (XLF) such as Apollo Global Management (APO), AllianceBernstein (AB), and Ameriprise Financial (AMP), […]
What We Can Expect for Affiliated Managers Group
Market analysts expect Affiliated Managers Group (AMG) to report EPS (earnings per share) of $3.23 in 2Q17, a rise of 0.62% from 1Q17.
Janus Capital, Henderson Group: Complementary Business Advantage
The merged entity of Janus Capital Group (JNS) and Henderson Group (HGG) will help accelerate the twin strategic objectives for diversification and growth.
Janus-Henderson Merger: The Wait Is Over
The merger of Janus Capital Group (JNS) and Henderson Group (HGG), announced in late 2016, was finalized on May 30, 2017. It’s said to be a merger of equals.
Uncertain Global Markets Not Deterring AMG from Adding Assets
Affiliated Managers Group (AMG) has been consistently adding assets in spite of highly uncertain global markets.
Affiliated Managers Is Doing This to Stabilize Revenues
Affiliated Managers Group (AMG) is expected to post revenues of $567 million in the September quarter. That’s higher than the June quarter but a 7.5% decline YoY.
AMG’s Valuation Gap Widened on Weak Performance in 2Q
Affiliated Managers Group’s discount widened due to weak performance. Earnings for other asset managers have started to pick up at a decent pace.
AMG Generated Solid Results in 2Q despite Market Volatility
On August 1, Affiliated Managers Group (AMG) reported net 2Q16 profits of $107.4 million—compared to $128.7 million for 2Q15.
XLF’s Large Caps Outperform Small Caps: Are Investors Nervous?
Larger-cap stocks, or those with a market cap above $10 billion, make up 87.3% of the Financial Select Sector SPDR Fund (XLF). These stocks have fallen 3.3% in the last year and fell 1.1% last week.
How Will Affiliated Managers Boost Its Margins in 2016?
Affiliated Managers Group (AMG) reported that its economic EPS (earnings per share) expanded by 1.6% on a year-over-year basis in 4Q15.
Small-Cap Banking Stocks Beat Large-Cap Stocks: End of Sell-Off?
Small-cap and mid-cap companies, which have market capitalizations under $2 billion and $10 billion, respectively, outperformed large-cap stocks last week and rose 7.9%.
Affiliated Managers Group’s Leveraged Balance Sheet for Expansion
Affiliated Managers Group’s (AMG) senior debt declined, and total stockholder equity, senior notes, and cash and equivalents rose in 4Q15 compared to 4Q14.
How AMG is Boosting Its Margins through Expense Management
On February 3, Affiliated Managers Group (AMG) announced that its economic EPS expanded by 1.6% on a YoY basis. However, AMG’s revenues fell to $590 million in 4Q15 as compared to $641 million in 4Q14.
SPY Soared High through All of the Component Sectors
The SPDR S&P 500 ETF (SPY) and the Direxion Daily S&P500 Bull 3X ETF (SPXL) rose by 1.1% and 3%, respectively, on Tuesday, December 15, 2015.
Why Analysts Are Bullish on Diversified Financial Services Stocks
286 analysts cover the 15 stocks in the diversified financial services subgroup of the Financial Select Sector SPDR ETF (XLF).
Small Caps Underperformed Large Caps Last Week
Large-cap stocks above $10 billion make up 87.3% of the Financial Select Sector SPDR Fund (XLF).
XLF’s Diversified Financial Services Subgroup Rises 2.1%
Diversified financial stocks within the Financial Select Sector SPDR Fund (XLF) rose 2.1% on November 18, 2015.
Aura Series: Studies Supporting Approval of Targisso
Let’s discuss the approval of Targisso by the FDA. The drug Targisso, or AZD9291, was recently approved based on the data of two Aura Phase II studies.
What Caused Affiliated Managers’ Valuation to Fall?
Asset managers reported lower profitability for the third quarter of 2015, resulting in falling prices. In turn, this led to lower valuations.
Affiliated Managers Adds New Affiliates to Boost Returns
Affiliated Managers announced the addition of new affiliates. The boutique firms included Systematica Investments, Abax Investments, and Ivory Investment.
Affiliated Managers Beat Estimates on Investment Performance
On November 9, Affiliated Managers Group reported net 3Q15 profits of $109 million compared to $103.2 million in the third quarter of 2014.
Financial Sector Delivers Muted Performance on Global Negativity
The Financial Select Sector SPDR Fund (XLF) closed at $24.54 on Monday, having fallen 1.4% in the last week. Year-to-date, XLF has underperformed the benchmark.
Affiliated Managers Group Stock Returns 10% in Past 3 Months
Affiliated Managers Group (AMG) stock has returned 10% over the past three months. The company doesn’t declare dividends.
Affiliated Managers Group Reports a 66% Rise in Net Profits
On April 18, Affiliated Managers Group (AMG) reported net 1Q15 profits of $128 million compared to $77 million for the first quarter of the previous year.
T. Rowe Price Group: $750 billion in Assets Under Management
Global investment manager Founded in 1937, T. Rowe Price Group (TROW) provides global investment management services to retail and institutional clients across the globe. T. Rowe Price Group offerings include sponsored mutual funds distributed in the United States. As well, the company offers investment portfolios such as sub-advised funds, separately managed accounts, target-date retirement trusts, collective […]