Luke Bianculli's questions to Affiliated Managers Group Inc (AMG) leadership • Q4 2024
Question
Luke Bianculli, on behalf of Alex Blostein, requested an update on trends in AMG's retail alternatives product pipeline, including client demand and distribution, and asked about the company's activity in developing active ETFs for its affiliates.
Answer
Chief Operating Officer Tom Wojcik detailed AMG's strategic focus on the U.S. wealth channel, noting that alternatives AUM on their platform has surpassed $6 billion. He highlighted the launch of three new evergreen products in 2024 with two more filed, bringing their continuously offered solutions to six. Wojcik emphasized AMG's unique position to deliver differentiated, independent alternative products to the wealth market. Regarding active ETFs, he described it as an 'exciting opportunity,' confirming that AMG is actively working with affiliates to develop new products that combine their investment expertise with the popular ETF wrapper.