Affiliated Managers Group sees Q1 inflows

• Q1 economic net income of $159.9M or $2.94 per share vs. $162.1M and $2.91 one year ago. EBITDA of $215.7M vs. $221M. Float fell to 54.3M shares from 55.7M.
• AUM of $642B rise from $611.3B three months earlier, with net client inflows of $5.1B.
• Institutional AUM accounts for 58% of total and 54% of EBITDA. Mutual funds AUM account for 28% of total and 35% of EBITDA. High net worth AUM accounts for 14% of total and 11% of EBITDA.
• Previously: Affiliated Managers beats by $0.02, misses on revenue (May 3)
• AMG flat premarket