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Actionable news in AMG: AFFILIATED MANAGERS GROUP,

Barron's: Affiliated Managers Group a value play

Affiliated Managers Group (NYSE:AMG) is lower by 22% over the past year, trailing by a mile not just the S&P 500's 13% advance, but also the asset manager sector as a whole, which is higher by 3%.

The company is viewed as a bellwether for active stock picking and high-priced hedge fund management at a time when the business models of both are under severe challenge, writes Jack Willoughby in Barron's, and this year a full $131B has been pulled out of actively-managed mutual funds, while $242B...


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