AMG Announces Completion of Three Recent New Investments
Systematica, led by
Ivory is a leading investment firm with a 17-year history of alpha
generation through a research-intensive, fundamental value-based
approach. Ivory manages assets across long/short equity and long-only
investment strategies, with the principal investment objective of
delivering high absolute returns on a risk-adjusted basis, with low
correlation to market indices. The firm has a consistent track record of
capital preservation during periods of market dislocation, and has
generated significant alpha across multiple market cycles since
inception, meaningfully outperforming the
Abax offers South African equity, fixed income, and strategic and
tactical asset allocation strategies, as well as a separate global
equity strategy; it employs a disciplined, fundamental research approach
to investing in companies with strong potential earnings growth over the
medium and long term, and has steadily delivered excellent returns for
its clients across mandates and over all relevant time periods. Based in
The senior partners of each of Systematica, Ivory, and Abax have agreed to long-term commitments with their respective firms. The terms of the transactions were not disclosed.
About AMG
AMG is a global asset management company with equity investments in
leading boutique investment management firms. AMG’s innovative
partnership approach allows each Affiliate’s management team to own
significant equity in their firm while maintaining operational autonomy.
AMG’s strategy is to generate growth through the internal growth of
existing Affiliates, as well as through investments in new Affiliates.
In addition, AMG provides centralized assistance to its Affiliates in
strategic matters, marketing, distribution, product development and
operations. As of
Certain matters discussed in this press release may constitute
forward-looking statements within the meaning of the federal securities
laws. These statements include, but are not limited to,
statements related to our expectations regarding the performance of our
business, our financial results, our liquidity and capital resources and
other non-historical statements. You can identify these
forward-looking statements by the use of words such as “outlook,”
“guidance,” “believes,” “expects,” “potential,” “continues,” “may,”
“will,” “should,” “seeks,” “approximately,” “predicts,” “projects,”
“intends,” “plans,” “estimates,” “anticipates” or the negative version
of these words or other comparable words. Actual results and the
timing of certain events could differ materially from those projected in
or contemplated by the forward-looking statements due to a number of
factors, including changes in the securities or financial markets or in
general economic conditions, the availability of equity and debt
financing, competition for acquisitions of interests in investment
management firms, the ability to close pending investments, the
investment performance and growth rates of our Affiliates and their
ability to effectively market their investment strategies, the mix of
Affiliate contributions to our earnings and other risks, uncertainties
and assumptions, including those described under the section entitled
“Risk Factors” in our Annual Report on Form 10-K for the year ended
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Source:
Affiliated Managers Group, Inc.
Investor and Media Relations:
Alexandra
Lynn
Selene Oh
+1 (617) 747-3300
ir@amg.com
pr@amg.com