Affiliated Manager profit falls

July 31 Tue Jul 31, 2012 8:02am EDT

July 31 (Reuters) - Affiliated Managers Group Inc's quarterly profit fell as weak public markets eroded the value of its assets and the inflow of new client money declined.

Net income fell to $6.6 million, or 12 cents per share, for the second quarter, from $45.5 million, or 85 cents per share, a year earlier.

A couple walks along the rough surf during sunset at Oahu's North Shore, December 26, 2013. REUTERS/Kevin Lamarque

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