Affiliated Managers

Q2 FY2026 EarningsQ2 FY26 results significantly exceeded consensus across all profitability metrics, driven by a 90% YoY surge in equity method income and robust expansion in alternatives AUM. Revenue of $640.7M beat expectations by 8.42%, while Normalized EPS reached $8.29, outperforming the $7.92 consensus. Strong performance-based fees in private markets and aggressive share repurchases (1.2M shares YTD) further catalyzed the bottom-line beat.