Affiliated Managers Group (AMG) Tops Q2 EPS by 3c

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AMG Reports Financial and Operating ResultsĀ for the Second Quarter and First Half of 2020

July 27, 2020 7:05 AM EDT

Company reports EPS of $0.65, Economic EPS of $2.74 in second quarter of 2020

Net Income (controlling interest) of $31 million, Economic Net Income of $130 million  Issued $350 million 10-year senior bond, extending duration and enhancing financial flexibility  Announced partnership with Inclusive Capital Partners, first Affiliate wholly focused on responsible capitalism  Repurchased $50 million in common stock  

WEST PALM BEACH, Fla., July 27, 2020 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE: AMG) today reported its financial and operating results for the second quarter and six months ended June 30, 2020.

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