secwatch.observer — SEC 8-K summary
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Issuer:     AFFILIATED MANAGERS GROUP, INC. (AMG)
CIK:        0001004434
Form:       8-K
Filed at:   2024-05-06T23:59:59+00:00
Accession:  0001004434-24-000026
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 8.01
LLM model:  deepseek-v4-flash:cloud@v2

AMG Q1 2024 Economic EPS $5.37, up 28% YoY; AUM $699.4B
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- GAAP diluted EPS $4.14 vs $3.47 YoY; Economic EPS $5.37 vs $4.18 YoY.
- Net income (controlling interest) $149.8M; Economic net income $186.7M.
- Issued $450M of 40-year junior hybrid debt; repurchased ~$150M of common stock.
- Quarterly dividend declared $0.01 per share, payable May 30, 2024.
- Pantheon affiliate now manages >$65B in private markets; management transition.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1004434/000100443424000026/0001004434-24-000026-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1004434/000100443424000026/amg-20240506.htm
  HTML page:      https://secwatch.observer/filing/0001004434-24-000026

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer