Profile: Affiliated Managers Group Inc (AMG)
16 Sep 2014
Affiliated Managers Group, Inc. (AMG), incorporated on December 29, 1993, is a global asset management company with equity investments in a diverse group of boutique investment management firms (Affiliates). As of December 31, 2012, the Company manages assets through its Affiliates across a broad range of asset classes and investment styles in three principal distribution channels: Institutional, Mutual Fund and High Net Worth. On June 29, 2012, it completed its investment in Veritable, LP (Veritable) through AMG Wealth Partners. Veritable manages assets for ultra-high net worth individuals and provides comprehensive, objective and tax-sensitive investment consultation through an approach customized for each client's specific needs. On June 29, 2012, it completed its investment in Yacktman Asset Management LP (Yacktman). Yacktman specializes in large-cap equities through a value-oriented approach. On July 31, 2012, it completed an additional investment in its Affiliate, BlueMountain Capital Management LLC (BlueMountain), a global credit alternatives manager. BlueMountain manages assets across a diverse set of strategies in the credit markets. In June 2014, the Company acquired River Road Asset Management from Aviva Investors North America Holdings Inc.
Institutional Distribution Channel
The Company’s institutional investment services and products are distributed by sales and marketing professionals developing new institutional business through direct sales efforts and established relationships with pension consultants around the world. Its global distribution platform operates in key markets to extend the reach of its Affiliates' own business development efforts, including offices in Sydney, serving institutional investors in Australia and New Zealand; London and Zurich, serving institutional investors in the United Kingdom and Europe; Dubai, serving institutional investors in the Middle East; and Hong Kong, serving institutional investors in Asia. Its Affiliates manages assets for non-United States clients in more than 40 countries, including Australia, Brazil, Canada, Germany, Japan, Luxembourg, the Netherlands, Singapore, the United Arab Emirates and the United Kingdom.
Mutual Fund Distribution Channel
In its mutual fund distribution channel, it provides advisory or sub-advisory services to mutual funds and other retail-oriented products. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, fund marketplaces and bank trust departments.
Through its global distribution platform, it provides access to the United States mutual fund wholesale distribution channel and wrap sponsor platforms, and provides its Affiliates with a single point of contact for retail intermediaries such as banks, brokerage firms and other sponsored platforms.
High Net Worth Distribution Channel
Through its Affiliates, it provides advisory services to ultra-high net worth individuals, families and charitable foundations. Direct services to these clients include customized investment counseling, investment management and fiduciary services. Additionally, it provides advisory services to high net worth individuals through managed account relationships with intermediaries such as brokerage firms. Through its global distribution platform, it provides its Affiliates with enhanced managed account distribution and administration capabilities to individual managed account clients.
Affiliated Managers Group Inc
600 HALE STREET,
P.O. Box 1000
PRIDES CROSSING MA 01965
Company Web Links
- BRIEF-S&P 500 to add Affiliated Managers Group, drop Forest Labs
- Fitch Completes Traditional IM Peer Review; Affirms Ratings; Revises AMG's Outlook to Positive
- Affiliated Managers nears deal for Lehman's stake in D.E. Shaw-WSJ
- MOVES- Cantor Fitzgerald, Bank of America, AMP Capital
- BRIEF-Aviva sells River Road to Affiliated Managers