Affiliated Managers Group reports record $22B cash inflows as AUM hits $882B

Affiliated Managers Group (NYSE:AMG) delivered a landmark performance for the first quarter of 2026, highlighted by record-breaking net client cash flows.

The company reported that Assets Under Management (AUM) reached $882 billion, supported by $22.5 billion in net client cash inflows.

This influx represents the strongest quarterly demand in the firm's history, as institutional and retail investors increased allocations to AMG’s diverse array of independent partner affiliates.

The company’s financial metrics showed significant year-over-year expansion.

Economic earnings per share (EPS) surged 58% to $8.23, compared to the same period in 2025.

On a GAAP basis, diluted EPS was $3.84, with net income attributable to controlling interests totaling $110.4 million.

Adjusted EBITDA for the quarter reached $317.3 million, reflecting the high-margin nature of the firm’s affiliate model and the growth of performance fee-eligible assets.

AMG’s performance was bolstered by its strategic focus on "secular growth" areas, including private markets, liquid alternatives, and specialized equity strategies.

The firm’s ability to provide capital and global distribution to its affiliates continues to be a competitive advantage, allowing it to capture a larger share of global investment flows even in a volatile market environment.

Capital return remained a central pillar of the quarter’s results.

AMG repurchased approximately $186 million of its common stock, continuing its aggressive approach to reducing share count and enhancing per-share value.

Additionally, the Board of Directors declared a quarterly cash dividend of $0.01 per share, payable on May 26, 2026, to stockholders of record as of May 12, 2026.