MutualFundWire.com: 60. Sean Healey

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Wednesday, November 17, 2010

60. Sean Healey

Sean Healey
Affiliated Managers Group
President and CEO

Following the retirement of founder William Nutt, Sean Healey now has both the chairman and CEO title at Affiliated Managers Group Inc. [see profile], one of only a handful of NYSE-listed pure asset managers. Over his 15 years at the firm, AMG has grown from to nearly $300 billion in AUM from fewer than $1 billion. Much of that growth has come from acquisitions and Healey has told reporters that he sees a "strong pipeline of new investment prospects."

Mutual funds are a core part of AMG's business, pulling in $397 million of revenue during the first nine months of the year. That is nearly double the $221 million of mutual fund revenue during the first three quarters of 2009.

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