Affiliated Managers Group, Inc.
Affiliated Managers Group, Inc. (NYSE: MGRE) is trading at $21.26, about ₹2,051 at today's USD/INR rate, as of 7 Oct 2026, 4:00 PM ET, down 0.75% today. Indian residents can buy Affiliated Managers from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
$21.18
Today's high
$21.26
52 week low
$21.19
52 week high
$25.07
MGRE opened at $21.22, closed previously at $21.42, and has traded between $21.19 and $25.07 over the past 52 weeks.
About
Affiliated Managers Group, Inc. (AMG) operates as a prominent asset management firm, delivering comprehensive investment solutions through its diverse network of subsidiary companies. Primarily serving the United States, AMG provides investment management expertise to a broad spectrum of clients, including individual investors with substantial wealth, institutional entities, and various mutual funds. The company extends its services by offering specialized advisory and sub-advisory expertise for mutual funds. These investment vehicles reach both individual retail investors and institutional clients, either through direct engagement or via an extensive network of financial intermediaries. This network comprises independent investment advisors, sponsors of retirement plans, broker-dealers, significant fund platforms, and bank trust departments. For its institutional distribution channel, AMG presents a wide array of investment strategies. These encompass various equity styles categorized by market capitalization (small, small/mid, mid, and large), incorporating both value and growth philosophies, alongside dedicated emerging markets portfolios. Furthermore, its product suite extends to quantitative, alternative, and fixed-income solutions. AMG also takes on the responsibility of managing assets for philanthropic foundations, educational endowments, and both corporate and municipal defined benefit and defined contribution pension plans. Overall, Affiliated Managers Group delivers overarching investment management, personalized investment counseling, and crucial fiduciary oversight. Founded in 1993, the firm's headquarters are located in West Palm Beach, Florida. Beyond its primary base, AMG maintains a significant global footprint with additional offices in Prides Crossing, Massachusetts; Stamford, Connecticut; London, United Kingdom; Dubai, United Arab Emirates; Sydney, Australia; Hong Kong; Tokyo, Japan; Zurich, Switzerland; and Delaware.
Key statistics
Avg. volume
29.47K
Market cap
$8.97B
P/E Ratio
12.10
Price-to-sales ratio
3.94
Enterprise value
$10.32B
Free cash flow yield
12.23%
Debt-to-equity ratio
0.99
Return on equity
22.13%
ROIC
7.05%
Beta
1.18
Dividend yield
0.01%
Last dividend
$1.69
Financial overview
Revenue
$2.45B
Earnings per share
$25.18
Free cash flow
$1.00B
Net profit margin
33.86%
Gross margin
79.87%
EBITDA
$1.49B
Revenue growth
19.83%
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This is not an investment recommendation
How to buy Affiliated Managers from India
Indian residents can buy Affiliated Managers shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars.
Search for Affiliated Managers and place an order
Find Affiliated Managers by name or by its ticker, MGRE, and choose an order type. You can buy by amount or by quantity — fractional shares mean there is no minimum trade size. Affiliated Managers trades 7:00 pm – 1:30 am IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Affiliated Managers position in USD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Trading and taxes when buying Affiliated Managers from India
Trading and limits
- Trading hours
- 9:30 am – 4:00 pm ET
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India.Dividend tax explained
- US estate tax
- May applyUS-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons.US estate tax calculator
FAQs
Can Indian residents buy Affiliated Managers stock?
Yes. Affiliated Managers (MGRE) has been listed on the New York Stock Exchange since 2024, in the Asset Management industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars. Shares are held in your own name at Interactive Brokers LLC and are SIPC-insured up to $500,000 in total, including $250,000 for cash.
How much does one Affiliated Managers share cost in rupees?
One Affiliated Managers share is $21.26 — about ₹2,051 at a USD/INR rate of 96.47 on 6 Oct 2026. Both the Affiliated Managers price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Affiliated Managers from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
Can I buy whole shares of Affiliated Managers?
Yes. One Affiliated Managers share is $21.26, and you can buy as many whole shares as you like. You can also buy by amount rather than by quantity: there is no minimum trade size, and Paasa supports fractional investing in Affiliated Managers.
How are gains on Affiliated Managers shares taxed in India?
The US does not levy capital gains tax on shares for Indian residents, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the USD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Affiliated Managers price. Paasa issues a capital-gains statement for your return.
Does Affiliated Managers pay a dividend, and how is it taxed in India?
Yes. Affiliated Managers pays a dividend — the most recent was $1.69 per share, about ₹162.80. Dividends are taxed at your slab rate in India. The US withholds tax on dividends paid to Indian residents at the treaty rate; Paasa files Form W-8BEN for you, and the tax withheld can generally be claimed as a credit in India. Paasa's dividend report covers each payment.
When can I trade Affiliated Managers from India?
The New York Stock Exchange trades 7:00 pm – 1:30 am IST in Indian time, so the close lands after midnight. The window shifts to 8:00 pm – 2:30 am IST when the US is on standard time. Orders can only execute during that window.
Is there estate or inheritance tax on Affiliated Managers shares held from India?
US-situs assets such as US-listed shares can be exposed to US estate tax for non-US persons. It applies to your overall holdings in that jurisdiction rather than to any one position. Paasa's US estate tax calculator shows the exposure for a given portfolio value.
Do I have to declare Affiliated Managers shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Affiliated Managers holding, its cost and its closing value.
How do I sell Affiliated Managers and bring the money back to India?
You sell during market hours (7:00 pm – 1:30 am IST) and the proceeds settle in USD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.