Affiliated Managers Group could announce one to three accretive acquisitions by year end, predict Credit Suisse analysts Craig Siegenthaler and Vaibhav Bajpai in a research report released Wednesday.

The report comes a month after AMG announced that it is pushing through with its planned purchase of a 60 percent stake in Harding Loevner.

Siegenthaler and Bajpai said they are confident that AMG will do more deals, pointing out that AMG filed its third equity-forward sale two days after the firm announced its second quarter results.

"With $200 million of potential capital by harnessing the latest forward sale, $375 million of cash resources on balance sheet, and a $770 million untapped credit facility (attractively priced), AMG has $1.3 billion of potential deal resources which equates to 50 percent of the company’s market cap," they wrote. 

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