Company: MGRE
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001004434-25-000039
Chunk: 5

Company: AFFILIATED MANAGERS GROUP, INC.
Filing Date: 2025-05-08
Form: 10-Q
Item: Part I, Item 8
Chunk 5
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 its Consolidated Financial Statements.In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses, which requires improved disclosure of the nature and disaggregation of income statement expenses.  The standard is effective for annual periods beginning after December 15, 2026 and interim periods beginning after December 15, 2027.  The Company is currently evaluating the potential impact that this standard may have on its Consolidated Financial Statements.