Summary
This 10-K/A filing from Affiliated Managers Group, Inc. (AMG) for the fiscal year ended December 31, 2008, is an amendment to the original report filed on March 2, 2009. The primary purpose of this amendment is to provide supplemental financial statements for ValueAct Holdings, L.P., an affiliate in which AMG holds a minority interest, as required by Item 15. Investors should note that this filing does not introduce changes to AMG's core financial results for 2008 as presented in the original 10-K. Given the filing date of March 31, 2009, and the reporting period ending December 31, 2008, this report is highly relevant to understanding AMG's financial position and performance during a period significantly impacted by the global financial crisis. While the amendment itself is technical, the underlying 2008 performance would have been shaped by market volatility, impacting asset values and potentially investor flows across AMG's diverse investment management businesses.
Financial Highlights
25 data points| SG&A Expenses | $201.47M |
| Operating Expenses | $791.50M |
| Operating Income | $366.72M |
| Interest Expense | $73.36M |
| Net Income | -$1.32M |
| EPS (Basic) | $-0.03 |
| EPS (Diluted) | $-0.03 |
| Shares Outstanding (Basic) | 38.21M |
| Shares Outstanding (Diluted) | 38.21M |
Key Highlights
- 1This filing is an amendment (10-K/A) to the original Form 10-K for the fiscal year ended December 31, 2008.
- 2The amendment primarily provides supplemental financial statements for ValueAct Holdings, L.P., an affiliate with a minority interest held by AMG.
- 3No other changes to AMG's 2008 financial statements or disclosures are indicated by this amendment.
- 4AMG is classified as a 'Large accelerated filer' as of the reporting period.
- 5The report was filed on March 31, 2009, reflecting financial performance through December 31, 2008, a period of significant market turmoil.
- 6The common stock of AMG is registered and traded on the New York Stock Exchange (NYSE).