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Update: Affiliated Managers Group Q4 Earnings

Affiliated Managers Group (NYSE:AMG) announced Q4 earnings that slightly outperformed my expectations and that furthered my long-dated bull thesis. AMG reported diluted EPS for Q4 of $3.02, which grew from $2.79 Y/Y; net income of $172.6 million, which grew from $158.2 million Y/Y; and assets under management growth to a pro forma $626 billion - this is an all-time high eclipsing Q2/14 AUM of $625 billion and a recovery from AUM of $617 billion in…