AMG reported excellent results in Q4 2021, with positive client cash flows and significant net inflows in liquid and illiquid alternative strategies. The company's strategic business evolution toward secular growth areas, along with successful execution on growth strategies, positions it well for future growth.
AMG generated excellent results in 2021, including year-over-year growth of 33% in Adjusted EBITDA and 37% in Economic Earnings per Share.
Client cash flows were positive for the quarter and full year, excluding certain quantitative strategies.
Liquid and illiquid alternative strategies generated $12 billion in net inflows during the quarter, reflecting AMG's strategic business evolution toward secular growth areas.
AMG successfully executed on its growth strategy, partnering with new Affiliates, accelerating growth at existing Affiliates, and enhancing strategic capabilities.
AMG entered 2022 with increased earnings power, a strong and flexible balance sheet, and an outstanding opportunity to drive further earnings growth and generate significant long-term value for its shareholders.