Adam Sues was named comanager of AMG Yacktman and AMG Yacktman Focused, effective May 1. Sues joins managers Stephen Yacktman and Jason Subotky, who have run the funds together for over a decade. Sues first joined the team as an analyst in 2013 and has managed AMG Yacktman Special Opportunities YASLX, a non-U.S. small-cap fund, since its 2014 launch. Yacktman and Subotky credit Sues with broadening their scope beyond U.S. stocks. Performance on Yacktman and Yacktman Focus has been feast or famine since Sues joined as the conservative funds lagged during market rallies and shined in sell-offs, but the team’s ability to find bargains has produced attractive risk-adjusted returns. Sues' promotion doesn’t affect either strategy’s Above Average People Pillar or Morningstar Analyst Rating of Silver.
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