Affiliated Managers Group Inc. (AMG) saw its stock price soar 5.04% during intraday trading on Thursday, following the release of its fourth-quarter and full-year 2025 financial results alongside announcements of new strategic partnerships.
The investment manager reported Q4 economic earnings of $9.48 per share, surpassing analyst expectations of $8.86. For the full year, economic earnings per share grew 22% to $26.05. The company also reported adjusted EBITDA of $378.1 million for the quarter, beating estimates of $354.8 million.
Further bolstering investor sentiment, AMG announced net client cash inflows of approximately $12 billion in Q4 and $29 billion for the full year, driven by ongoing momentum in alternative strategies. Concurrently, the company disclosed new minority equity investments in HighBrook Investors, a real estate investment manager, and an increased stake in existing affiliate Garda Capital Partners, expanding its exposure to high-growth alternative investment areas.