Revenue rose 9.5% to $244.7, up from $223.4 million. For the full year, AMG’s net income was $59.5 million, or $1.38 per share, on revenue of $841.8 million. In 2008, the company lost $1.3 million, or 3 cents a share, on revenue of $1.16 billion.
AMG also reached a definitive agreement with
“As one of the U.K.’s most highly regarded investment management firms, Artemis offers an outstanding array of investment products with strong long-term performance records,” said AMG President and CEO Sean M. Healey. “Our partnership with Artemis will enhance AMG’s existing international product set, as well as deepen our client base in desirable and fast-growing markets in the U.K., Europe and the Middle East.”