Rochester, NY 9/1/2009 8:01:35 AM
Affiliated Managers Group Inc. AMG, Down 1% in After Hours Report
Affiliated Managers Group Inc. AMG
Shares of Affiliated Managers Group Inc. rose on Wednesday after a Credit Suisse analyst upgraded the stock, citing prospects for improving money flows and acquisitions that should improve the asset manager's bottom line.
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Last Trade: 65.33
Day's Range: 63.74 - 65.49
52wk Range: 17.93 - 114.91
Change: Down 0.42 (0.64%)
Volume: 436,458
Avg Vol (3m): 683,085
ABOUT Affiliated Managers Group Inc.
Affiliated Managers Group, Inc., through its affiliates, operates as an asset management company providing investment management services to mutual funds, institutional clients, and high net worth individuals in the United States. It provides advisory or subadvisory services to mutual funds. These funds are distributed to retail and institutional clients directly and through intermediaries, including independent investment advisors, retirement plan sponsors, broker-dealers, major fund marketplaces, and bank trust departments. The company also offers investment products in various investment styles in the institutional distribution channel, including small, small/mid, mid, and large capitalization value and growth equity, and emerging markets. In addition, it offers quantitative, alternative, and fixed income products, and manages assets for foundations and endowments, defined benefit, and defined contribution plans for corporations and municipalities.
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