Wednesday, July 25, 2007

UPDATE 1-AMG profit rises 24 percent on asset growth

(Reuters) - AMG, which owns stakes in more than two dozen investment
managers, including value equities firm Third Avenue Management
and quantitative manager AQR Capital Management, said the
earnings growth was led by the strong performance of group
firms focused on hedge funds and international equities.




The firm also said it was considering the purchase of
stakes in alternative investment managers and traditional
managers.


Read more at Reuters.com Mergers News

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