AMG Appoints Kevin Haran as Head of Australian Distribution

SYDNEY, Australia, Dec. 22, 2017 (GLOBE NEWSWIRE) -- Affiliated Managers Group, Inc. (NYSE:AMG) a global asset management company, today announced the appointment of Kevin Haran as Managing Director, Head of Distribution, Australia and New Zealand, effective January 1, 2018. In this role, Mr. Haran will lead AMG’s distribution efforts for the region, focusing on developing new business opportunities and serving clients on behalf of AMG’s Affiliates in the region. He replaces Gregor Rennie, who indicated his intention to step down from AMG. Mr. Haran will be based in AMG’s Sydney office and report to Hugh Cutler, Head of Global Distribution.

With over 15 years of sales and distribution experience in the Australian and New Zealand asset management markets, Mr. Haran joins AMG from Natixis Investment Managers S.A., where he was most recently Head of Institutional Sales, Australia and New Zealand. Prior to his role at Natixis, Mr. Haran held senior sales positions at Macquarie Investment Management Australia Pty Ltd. and Colonial First State Investments Ltd.

“Over the past decade, AMG has steadily enhanced our presence in Australia and New Zealand, offering an increasingly diverse array of leading active investment strategies to both institutional and wholesale clients across a growing number of our outstanding Affiliates,” said Hugh Cutler, AMG’s Head of Global Distribution. “Through AMG’s global distribution strategy, which combines Affiliate-driven marketing efforts with the scale and resources of a global franchise, we have met an increasing investor appetite for global assets in Australia, and given their industry-leading offerings in global equities and across a broad range of diversifying alternatives, our Affiliates are positioned to continue to generate strong returns for Australian clients going forward.”

Mr. Cutler added, “Kevin brings to his new role an impressive professional track record, strong network of relationships, and a clear understanding of the growing investor interest in differentiated alpha-generating strategies. He will be an excellent resource for our team, Affiliates and clients in the region, and we look forward to his contributions.”

With sales and marketing offices located in major financial centers in Asia, Australia, Europe, the Middle East and North America, AMG’s distribution platform enhances the global reach of its Affiliates’ marketing efforts both within the U.S. and around the world. AMG’s Affiliates are leading boutique investment firms recognized for their best-in-class, long-term performance track records across a broad array of active investment products, particularly in global equity and alternative strategies.

About AMG

AMG is a global asset management company with equity investments in leading boutique investment management firms. AMG’s innovative partnership approach allows each Affiliate’s management team to own significant equity in their firm while maintaining operational autonomy. AMG’s strategy is to generate shareholder value through the growth of existing Affiliates, as well as through investments in new Affiliates and additional investments in existing Affiliates. In addition, AMG provides centralized assistance to its Affiliates in strategic matters, marketing, distribution, product development and operations. As of September 30, 2017, AMG’s aggregate assets under management were approximately $804 billion in more than 550 investment products across a broad range of active, return-oriented strategies. For more information, please visit the Company’s website at www.amg.com.

Certain matters discussed in this press release may constitute forward-looking statements within the meaning of the federal securities laws. These statements include, but are not limited to, statements related to our expectations regarding the performance of our business, our financial results, our liquidity and capital resources and other non-historical statements. You can identify these forward-looking statements by the use of words such as “outlook,” “guidance,” “believes,” “expects,” “potential,” “continues,” “may,” “will,” “should,” “seeks,” “approximately,” “predicts,” “projects,” “intends,” “plans,” “estimates,” “pending investments,” “anticipates” or the negative version of these words or other comparable words. Actual results and the timing of certain events could differ materially from those projected in or contemplated by the forward-looking statements due to a number of factors, including changes in the securities or financial markets or in general economic conditions, the availability of equity and debt financing, competition for acquisitions of interests in investment management firms, the ability to close pending investments, the investment performance and growth rates of our Affiliates and their ability to effectively market their investment strategies, the mix of Affiliate contributions to our earnings and other risks, uncertainties and assumptions, including those described under the section entitled “Risk Factors” in our Annual Report on Form 10-K for the year ended December 31, 2016, as such factors may be updated from time to time in our periodic filings with the SEC, which are accessible on the SEC’s website at www.sec.gov.  These factors should not be construed as exhaustive and should be read in conjunction with the other cautionary statements that are included in this release and in our filings with the SEC. We undertake no obligation to publicly update or review any forward-looking statements, whether as a result of new information, future developments or otherwise, except as required by applicable law.

From time to time, AMG may use its website as a distribution channel of material Company information. AMG routinely posts financial and other important information regarding the Company in the Investor Relations section of its website at www.amg.com and encourages investors to consult that section regularly.