Artisan Partners Asset Management Inc. Reports 2Q21 Results and Announces Changes to its Board of Directors

Rhea-AI Summary

Artisan Partners Asset Management Inc. (NYSE: APAM) reported its quarterly results for the three and six months ended June 30, 2021, and declared a dividend. The Company announced the appointment of Stephanie G. DiMarco as Chair of the Board and Saloni S. Multani to the Board, effective August 13, 2021. A conference call to discuss these results is scheduled for August 4, 2021, at 1:00 p.m. ET. Artisan Partners specializes in high value-added investment strategies, appealing to sophisticated clients globally.

Positive

• Appointment of new Chair and Board member may bring fresh perspectives.
• Declared dividend reflects confidence in financial performance.

Negative

• Potential concerns regarding continuity and experience gaps due to management changes.

MILWAUKEE, Aug. 03, 2021 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) (the “Company” or “Artisan Partners”) today reported its results for the three and six months ended June 30, 2021, and declared a quarterly dividend. The full June 2021 quarter earnings release and investor presentation can be viewed at www.apam.com.

The Company also announced today that its Board of Directors appointed Stephanie G. DiMarco the Chair of the Board and appointed Saloni S. Multani to the Board, in each case effective August 13, 2021.

Conference Call

The Company will host a conference call on August 4, 2021 at 1:00 p.m. (Eastern Time) to discuss its results for the three and six months ended June 30, 2021. Hosting the call will be Eric Colson, Chairman and Chief Executive Officer, and C.J. Daley, Chief Financial Officer. Supplemental materials that will be reviewed during the call are available on the Company’s website at www.apam.com. The call will be webcast and can be accessed via the Company’s website. Listeners may also access the call by dialing 877.328.5507 or 412.317.5423 for international callers; the conference ID is 10157135. A replay of the call will be available until August 18, 2021 at 9:00 a.m. (Eastern Time), by dialing 877.344.7529 or 412.317.0088 for international callers; the replay conference ID is 10157135. An audio recording will also be available on the Company’s website.

About Artisan Partners

Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners’ autonomous investment teams oversee a diverse range of investment strategies across multiple asset classes. Strategies are offered through various investment vehicles to accommodate a broad range of client mandates.

Source: Artisan Partners Asset Management Inc.

Investor Relations Inquiries

Makela Taphorn
866.632.1770
414.908.2176
ir@artisanpartners.com

FAQ

What were Artisan Partners' results for the second quarter of 2021?

Artisan Partners reported its results for the three and six months ended June 30, 2021, on August 3, 2021.

Who were the new appointments at Artisan Partners announced in August 2021?

Stephanie G. DiMarco was appointed Chair of the Board and Saloni S. Multani was appointed to the Board, effective August 13, 2021.

When is the conference call to discuss Artisan Partners' earnings?

The conference call is scheduled for August 4, 2021, at 1:00 p.m. ET.

What is the stock symbol for Artisan Partners?

The stock symbol for Artisan Partners is APAM.

How can investors access the conference call for Artisan Partners?

Investors can access the conference call by dialing 877.328.5507 or via the Company's website.