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Profile - Affiliated Managers Group (NYSE:AMG)
As of 31-Aug-2001
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More Info: Quote | Chart | News | Profile | Research | SEC | Msgs | Insider | Options | Financials | Reports
Recent Events
Aug 31Price hit new 52-week high ($72.40)
July 25Conference call: Affiliated Managers Group Earnings (Q2 2001)
Location
Two International Place, 23rd Floor
Boston, MA 02110
Phone: (617) 747-3300
Fax: (617) 747-3380
Email: dcrate@amg-boston.com
Employees (last reported count): 628
Financial Links
 ·Top Institutional Holders
 ·Top Mutual Fund Holders
 ·Analyst Upgrade/Downgrade History
 ·Historical Quote Data
 ·Raw SEC Filings at sec.gov
Competitors:
 ·Sector: Financial
 ·Industry: Investment Services
Company Websites
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 ·Investor Relations
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Ownership
·Insider and 5%+ Owners: 12%
·Over the last 6 months:
 · one insider sell; 8,000  shares
  (0.3% of insider shares)
·Institutional: 95% (108% of float)
(362 institutions)
·Net Inst. Buying: 1.70M shares (+7.49%)
(prior quarter to latest quarter)
More From Market Guide
 ·Highlights
 ·Performance
 ·Ratio Comparisons
Business Summary
Affiliated Managers Group, Inc. buys and holds equity interests in mid-sized investment management firms (Affiliates). A key component of the Company's transaction structure is its purchase of majority interests in these firms, with certain exceptions. This structure allows management to retain a significant ownership interest in their firms, which they may sell to the Company in the future, exercise autonomy over the day-to-day operations of their firm and decide how to spend a fixed portion of revenues on salaries, bonuses and other operating expenses. In general, the Company's Affiliates derive revenues by charging fees to their clients that are typically based on the market value of assets under management. In some instances, however, the Affiliates may derive revenues from fees based on investment performance. The Company holds investments in 15 Affiliates that, in aggregate, managed $77.5 billion in assets, as of December 31, 2000.
More from Market Guide: Expanded Business Description

Financial Summary
Affiliated Managers Group is an asset management holding company which acquires majority equity interests in mid-sized investment management firms. For the six months ended 6/30/01, revenues decreased 11% to $201.1 million. Net income decreased 9% to $25 million. Revenues suffered from decreased asset-based fees reflecting the impact of a broad equity market decline. Earnings were partially offset by a decrease in compensation and related expenses.
More from Market Guide: Significant Developments

Officers[Insider Trade Data]
FY1999 Pay

William Nutt, 55
CEO, Chairman
$3.4M
Sean Healey, 38
Pres, COO, Director
2.5M
Darrell Crate, 33
Sr. VP, CFO and Treasurer
1.7M
Nathaniel Dalton, 33
Sr. VP, Gen. Counsel, and Sec.
1.7M
Seth Brennan, 29
Sr. VP
1.3M
Dollar amounts are as of 31-Dec-1999 and compensation values are for the fiscal year ending on that date; "Pay" is salary, bonuses, etc..
More from Market Guide on Officers & Directors:
Expanded List, Bios, Compensation, Options
Statistics at a Glance -- NYSE:AMGAs of 31-Aug-2001
Price and Volume
52-Week Low
on 22-Mar-2001
$41.20 
Recent Price$70.90 
52-Week High
on 31-Aug-2001
$72.40 
Beta2.32 
Daily Volume (3-month avg)204.3K
Daily Volume (10-day avg)263.0K
Stock Performance
[one-year price graph]
big chart [1d | 5d | 3m | 6m | 1y | 2y | 5y]
52-Week Change+26.0%
52-Week Change
relative to S&P500
+69.1%
Share-Related Items
Market Capitalization$1.57B
Shares Outstanding22.2M
Float19.5M
Dividends & Splits
Annual Dividendnone 
Last Splitnone 
Per-Share Data
Book Value (mrq)$23.63 
Earnings (ttm)$2.39 
Earnings (mrq)$0.58 
Sales (ttm)$19.17 
Cash (mrq)$7.93 
Valuation Ratios
Price/Book (mrq)3.00 
Price/Earnings (ttm)29.63 
Price/Sales (ttm)3.70 
Income Statements
Sales (ttm)$434.2M
EBITDA (ttm)$196.4M
Income available to common (ttm)$54.2M
Profitability
Profit Margin (ttm)26.5%
Operating Margin (ttm)37.7%
Fiscal Year
Fiscal Year EndsDec 31
Most recent quarter30-June-2001
Management Effectiveness
Return on Assets (ttm)13.96%
Return on Equity (ttm)10.93%
Financial Strength
Current Ratio (mrq)3.94 
Debt/Equity (mrq)0.53 
Total Cash (mrq)$175.8M
Short Interest
As of 8-Aug-2001
Shares Short1.42M
Percent of Float7.3%
Shares Short
(Prior Month)
1.23M
Short Ratio6.59 
Daily Volume215.0K
See Profile Help for a description of each item above;   K = thousands;   M = millions;   B = billions;   mrq = most-recent quarter;   ttm = trailing twelve months;   (as of 30-June-2001)

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