Affiliated Managers Group (AMG): Assessing Valuation After Strategic Expansion Into Alternatives and Brown Brothers Harriman Partnership

Affiliated Managers Group (AMG) is making waves after announcing several new partnerships and a strategic tie-up with Brown Brothers Harriman. The company aims to expand its alternative credit offerings in the U.S. wealth market.

See our latest analysis for Affiliated Managers Group.

AMG’s new partnerships come as momentum continues to build. Its share price is up nearly 36% year-to-date, adding to a stellar 1-year total shareholder return of 35.6%. This run reflects optimism about AMG’s deeper push into alternative credit and higher-growth segments, which investors see as a structural positive for future earnings and risk management.

If AMG’s strategic moves have you thinking bigger, now could be the perfect moment to discover fast growing stocks with high insider ownership.

But with AMG’s share price surging and new growth areas opening up, is the market still underrating the company’s value or have future gains been fully priced in? Is there still a buying opportunity here?

Most Popular Narrative: 17.9% Undervalued

With the most widely followed narrative suggesting Affiliated Managers Group holds nearly 18% upside to fair value versus the last close, the valuation debate intensifies. This sharp disconnect between price and intrinsic worth has energized the bulls, as fresh catalysts fuel growth expectations.

Record-breaking inflows and rapid expansion in alternative assets, AMG increased alternative AUM by 20% in six months and reported its strongest organic growth quarter in 12 years, position the company to benefit from persistent global demand for yield, diversification, and differentiated strategies. This directly supports top-line revenue and future net margin improvement due to higher fee structures in alternatives.

Read the complete narrative.

Ever wondered what’s driving such a bullish outlook? This narrative’s fair value hinges on surprisingly bold growth targets and elevated future earnings power. Want to uncover which numbers underpin this optimism? Unlock the narrative and see what analysts are betting on.

Result: Fair Value of $308 (UNDERVALUED)

Have a read of the narrative in full and understand what's behind the forecasts.

However, ongoing outflows from traditional active strategies and AMG's reliance on a few large affiliates could challenge the bullish narrative if trends shift unexpectedly.

Find out about the key risks to this Affiliated Managers Group narrative.

Build Your Own Affiliated Managers Group Narrative

If you want to go beyond the prevailing outlook or dig into the numbers on your own terms, it’s quick and easy to shape your own interpretation. Get started now: Do it your way.

A great starting point for your Affiliated Managers Group research is our analysis highlighting 3 key rewards and 1 important warning sign that could impact your investment decision.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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