Affiliated Managers Group, Inc. has recently released its 10-K report, providing a comprehensive overview of its financial performance and operations. The company, formed in 1993 and based in West Palm Beach, Florida, operates as an investment management firm, offering advisory services to mutual funds and managing assets for various clients, including retail, high net worth individuals, and institutional clients. Affiliated Managers Group, Inc. also provides investment products in different styles and manages assets for foundations and endowments, as well as defined benefit and defined contribution plans for corporations and municipalities.
In 2025, the company focused on its strategy of investing in high-quality independent partner-owned firms, referred to as "Affiliates," and allocating resources to areas of highest growth and return. As of December 31, 2025, the company's aggregate assets under management were approximately $813 billion across private markets, liquid alternative, and differentiated long-only investment strategies. The company entered into new partnerships with independent firms managing approximately $23 billion in alternative strategies and announced a strategic partnership with Brown Brothers Harriman. Additionally, the company completed minority investments in various firms, including NorthBridge Partners, Verition Fund Management LLC, Montefiore Investment, and Qualitas Energy.
In terms of financial performance, the company reported that assets under management increased by 15% in 2025, driven by a combination of investment performance, net client cash inflows, and the addition of assets associated with new partnerships. The company continued to execute its growth strategy by investing in new and existing Affiliates, positioning itself to benefit from industry growth trends with an increasingly diversified business profile.
Furthermore, the 10-K report provided insight into the performance of the company's investment strategies. For private markets products, 86% of assets were ahead of the benchmark, while for liquid alternatives, 93% of assets were ahead of the benchmark. The report also highlighted the company's capital allocation strategy, including the sale of minority equity interests in certain Affiliates, which resulted in gains from transactions.
Today the company's shares have moved 1.21% to a price of $326.12. If you want to know more, read the company's complete 10-K report here.
