(Reuters) - BOSTON, July 25 - Asset management firm
Affiliated Managers Group Inc. posted on Wednesday a 24
percent jump in second-quarter profit that exceeded consensus
estimates and the firm raised its full-year outlook.
The bullish outlook helped spark a rebound in AMG's shares,
which had slumped as much as 7.3 percent on concerns about
slowing investor flows into the group's funds and overall stock
market volatility.
Read more at Reuters.com Market News
Affiliated Managers Group Inc. posted on Wednesday a 24
percent jump in second-quarter profit that exceeded consensus
estimates and the firm raised its full-year outlook.
The bullish outlook helped spark a rebound in AMG's shares,
which had slumped as much as 7.3 percent on concerns about
slowing investor flows into the group's funds and overall stock
market volatility.
Read more at Reuters.com Market News
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