AMG

What AMG does

AMG (Affiliated Managers Group, Inc.) is a publicly traded global investment management company incorporated in Delaware, USA, founded in 1993 and listed on the NYSE under the ticker AMG. The firm operates a distinctive multi-affiliate model, holding minority equity stakes and partnership interests in independent investment management firms rather than operating a single centralized investment engine. As of Q1 2026, AMG reported record assets under management of $882 billion and record net client cash flows exceeding $22 billion, with Economic EPS up 58% year-over-year to $8.23. Its strategic affiliate roster spans alternative credit (BBH Credit Partners), private equity (HighBrook Investors), and hedge fund strategies (Garda Capital Partners), allowing AMG to distribute diversified institutional capabilities while preserving affiliate-level investment autonomy.

The company's revenue model is built on recurring asset management fees charged on AUM, augmented by investment returns generated through its affiliated partner stakes. Distribution is primarily direct-to-institutional, targeting enterprises and intermediaries globally. During Q1 2026, AMG materially expanded its alternative investment footprint by completing the BBH Credit Partners investment, entering into a new partnership with HighBrook Investors, and adding to its position in Garda Capital Partners, while also returning approximately $186 million to shareholders via common stock repurchases alongside a $0.01 per share cash dividend.

In a notable diversification move outside its traditional asset management perimeter, AMG announced in November 2025 a strategic partnership with 2Immersive4U (and CEO Dusan Simic) to launch AttackTrax, an AI-powered multi-genre music catalogue platform aimed at global licensing across media platforms. AttackTrax introduces an audio/generative AI modality into AMG's product surface, targeting entertainment and media technology as an additional growth vertical alongside the firm's institutional investment management core.

Name

AMG

Legal name

Affiliated Managers Group, Inc.

Website

https://amgwealthmanagement.co.uk

Company type

Public

Founded year

1993

Operating status

Operating

Headcount range

1–10 employees

Short description

AMG (Affiliated Managers Group) is a publicly traded global investment management company operating a multi-affiliate partnership model with $882 billion in AUM as of Q1 2026. It serves institutional clients through alternative credit, private equity, and hedge fund strategies delivered via affiliates including BBH Credit Partners, HighBrook Investors, and Garda Capital Partners.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940), Portfolio Management and Investment Advice (52394)

SIC

Investment Advice (6282)

akta.pro primary industry

Impact / ESG Multi-Manager Platforms (FSANAGAJ)

akta.pro secondary industry

ESG/Sustainable Investment Advisory (FSAEAAAJ)

Keywords

• Asset management services
• Investment advisory
• Alternative investments
• Wealth management
• Portfolio management

Headquarters

HQ city

Denby

HQ country

United Kingdom

HQ region

Europe

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D

Revenue model

1. Asset Management Fees: AMG operates as an investment management firm earning fees based on assets under management. Record AUM of $882 billion and record net client cash flows exceeding $22 billion indicate significant fee-generating capacity.
2. Investment Returns: Returns generated from strategic investments in affiliated partners including BBH Credit Partners, HighBrook Investors, and Garda Capital Partners.

Distribution channels1 record

Core offering

AMG (Affiliated Managers Group, Inc.) is a publicly listed global asset management company that partners with independent, specialized investment management firms through permanent capital minority equity stakes. It offers clients diversified portfolio solutions across equities, alternatives, and credit via its affiliate network (including BBH Credit Partners, HighBrook Investors, and Garda Capital Partners), earning asset management fees on a record $882 billion AUM base.

Product overview

AMG (Affiliated Managers Group) is a global asset management firm with record assets under management of $882 billion. The company offers investment management services through partnerships with multiple investment firms including HighBrook Investors, BBH Credit Partners, and Garda Capital Partners. In late 2025, AMG expanded into music/entertainment technology through its partnership with 2Immersive4U to launch AttackTrax, an AI-powered global music licensing platform. The core business operates as a platform with multiple strategic partnership investments rather than a single unified product.

Differentiator

Problem solved

Functional benefit

Products and services

• AttackTrax AI-powered multi-genre music catalogue platform designed for global licensing across various media platforms, launched through a partnership with 2Immersive4U; positioned as a content-licensing platform serving media producers and rights users worldwide.

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability2 records

Feature1 record

Partnerships

Two partnerships are on record, tiered core and minor.

• HighBrook InvestorscoreStrategic or Co-development Partner · 1 January 2026AMG entered into a new partnership with HighBrook Investors, expanding its private equity and alternative investment capabilities. This partnership was announced alongside Q1 2026 financial results showing record AUM of $882 billion.
• 2Immersive4UminorStrategic or Co-development Partner · 28 November 2025AMG partnered with 2Immersive4U and its CEO Dusan Simic to launch AttackTrax, an AI-powered multi-genre music catalogue targeting global licensing across media platforms. This represents AMG's strategic expansion into entertainment and media technology sectors.

Scale indicators5 records

Recent moves5 records

Expansion highlights5 records

Direct peers

• Victory Capital: Public multi-boutique asset manager (NASDAQ: VCTR) built via affiliate/franchise acquisitions; arguably the closest pure structural analogue to AMG's multi-affiliate model in the listed U.S. asset-manager space.
• Artisan Partners: Public active asset manager (NYSE: APAM) structured around multiple autonomous investment teams; highly comparable to AMG's multi-affiliate/team-of-teams model where boutique-style franchises operate under a listed platform serving institutional clients.
• Janus Henderson Group: Public global active asset manager (NYSE: JHG) with equities, fixed income, and alternatives; directly comparable to AMG as a listed AUM-fee-driven active manager serving institutional and intermediary clients globally.
• Nuveen (TIAA): U.S. investment manager owned by TIAA managing equities, fixed income, and alternatives including real assets and private capital; comparable to AMG on institutional/wealth distribution and growing alternatives franchise.
• T. Rowe Price: Public active asset manager (NASDAQ: TROW) with significant institutional and retirement focus and growing alternative capabilities; directly comparable to AMG on fee-based active asset management serving institutional and intermediary channels.
• Cohen & Steers: Public specialist asset manager (NYSE: CNS) focused on real assets/alternatives for institutional and wealth clients; comparable to AMG as a publicly listed, fee-based active manager with meaningful alternatives exposure and institutional distribution.
• Franklin Resources: Public global investment manager (NYSE: BEN) operating Franklin Templeton with diversified active strategies and growing alternatives push; directly comparable to AMG on active global AUM management, multi-affiliate heritage, and alternative-asset expansion.
• Invesco: Global public asset manager (NYSE: IVZ) offering actively managed equities, fixed income, ETFs, and alternatives to institutional and retail clients; directly comparable to AMG in active/alternatives mix, institutional channel focus, and listed-asset-manager business model.
• Federated Hermes: Public asset manager (NYSE: FHI) with liquidity, fixed income, and equity strategies plus an integrated ESG franchise (Hermes); directly comparable to AMG as a public, AUM-fee-driven multi-channel active manager with growing ESG/alternatives tilt.

Broad incumbents

• BlackRock: Largest global asset manager with broadly diversified strategies across active, passive, alternatives, and technology (Aladdin); comparable to AMG as a multi-strategy investment manager serving institutional and wealth clients, but operates a single-firm model versus AMG's multi-affiliate structure.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Facebookfacebook.com/AMG-Wealth-Management-Ltd-111651523914371

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AMG