AFFILIATED MANAGERS GROUP, INC.
Risk-factor diff
FY 2025 10-K vs. FY 2024Net-new paragraphs in the most recent 10-K's Item 1A. Companies rarely add risk language without a real reason — additions here are often a leading signal of management concerns.
“under management among our Affiliates, including as a result of restructurings or dispositions of our equity interests in an”
“Affiliate, independent of our aggregate operating performance measures. Challenging market conditions, volatility or”
“slowdowns affecting a particular asset class, client type, product structure, geographic region, industry or other category of”
“investment could have a significant adverse impact on a specific Affiliate if its investments are concentrated in that area, which”
“could result in lower investment returns and in turn, lower fees earned at that Affiliate. Further, certain Affiliates contribute”
Policies & disclosures
Clawback, anti-hedging, stock ownership, and related-party policies will populate from extracted proxy sections.