Artisan Partners Asset Management Inc. Reports June 2024 Assets Under Management

Rhea-AI Summary

Artisan Partners Asset Management (NYSE: APAM) announced its preliminary assets under management (AUM) for June 30, 2024, totaling $158.9 billion. This includes $77.0 billion from Artisan Funds and Artisan Global Funds, and $81.9 billion from separate accounts and other AUM. Key AUM figures by strategy include: Global Opportunities ($21.5 billion), U.S. Mid-Cap Growth ($12.7 billion), International Value ($43.4 billion), and Global Value ($27.5 billion). Other notable mentions include High Income ($10.8 billion) and Developing World ($4.0 billion). Artisan Partners specializes in diverse investment strategies, managed by autonomous teams catering to sophisticated clients globally.

Positive

• Artisan Partners reported a total AUM of $158.9 billion as of June 30, 2024.
• Artisan Funds and Artisan Global Funds contributed $77.0 billion to the total AUM.
• Separate accounts and other AUM accounted for $81.9 billion.
• Top strategies include International Value ($43.4 billion) and Global Value ($27.5 billion).

Negative

• None.

Insights

Financial Analyst

Artisan Partners Asset Management Inc. reported June 2024 assets under management (AUM) totaling $158.9 billion. This figure provides a snapshot of the firm's ability to attract and retain client investments. Assessing the data from a retail investor's perspective, the AUM is stable and diverse, indicating competent fund management across various asset classes.

Breaking down these numbers, Artisan Funds and Artisan Global Funds accounted for $77.0 billion of the total AUM, highlighting the strong appeal of their branded funds. The remaining $81.9 billion is managed through separate accounts and other vehicles, showcasing their flexibility in accommodating different client mandates.

When looking at the growth by team and strategy, the International Value Team stands out with an AUM of $43.4 billion. This sector’s performance is a key indicator of investor confidence in their global strategies. In contrast, areas like the Global Discovery and China Post-Venture strategies have relatively small AUMs of $1.6 billion and $170 million, respectively, suggesting limited current appeal or newer initiatives that may require more time to mature.

Investors should note that while the overall AUM is robust, the performance and potential returns can vary significantly by strategy. Diversification within Artisan’s offerings means that investors can balance risk by choosing a mix of high-performing and emerging strategies.

Short-term implications may include market reactions to the reported AUM and potential investor reallocation based on recent performance. Long-term, sustained growth in AUM can signal a healthy, growing firm capable of delivering consistent returns.

Market Research Analyst

Analyzing Artisan Partners' AUM report reveals key insights about their market positioning and investment strength. With a total AUM of $158.9 billion, the firm is firmly established as a significant player in the asset management industry.

The dominance of the International Value and Global Value teams, with AUMs of $43.4 billion and $27.5 billion respectively, indicates a strong preference among investors for global and international value strategies. This trend aligns with the growing investor interest in global diversification and value investing, which could be driven by market conditions or geopolitical factors.

However, the relatively lower AUM in strategies like Developing World ($4.0 billion) and China Post-Venture ($170 million) suggests that emerging markets are either less popular or carry higher perceived risks among investors at this time. These strategies might be areas of growth potential if market conditions become favorable.

Industry-specific context: Investors should understand that AUM growth or decline is influenced by various factors including market performance, client inflows/outflows and strategic fund performance. For Artisan Partners, maintaining a diverse strategy portfolio is important for mitigating risks and capturing opportunities across different market cycles.

For retail investors, the key takeaway is the importance of assessing how each strategy fits within their broader investment goals. Portfolio diversification within Artisan’s offerings can balance exposure and potentially enhance returns over time.

MILWAUKEE, July 10, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of June 30, 2024 totaled $158.9 billion. Artisan Funds and Artisan Global Funds accounted for $77.0 billion of total firm AUM, while separate accounts and other AUM¹ accounted for $81.9 billion.

PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2
As of June 30, 2024 - ($ Millions)
Growth Team
Global Opportunities	$	21,531
Global Discovery		1,595
U.S. Mid-Cap Growth		12,672
U.S. Small-Cap Growth		3,119
Global Equity Team
Global Equity		344
Non-U.S. Growth		12,981
China Post-Venture		170
U.S. Value Team
Value Equity		4,555
U.S. Mid-Cap Value		2,696
Value Income		15
International Value Team
International Value		43,419
International Explorer		326
Global Value Team
Global Value		27,469
Select Equity		324
Sustainable Emerging Markets Team
Sustainable Emerging Markets		1,857
Credit Team
High Income		10,847
Credit Opportunities		238
Floating Rate		80
Developing World Team
Developing World		3,997
Antero Peak Group
Antero Peak		2,026
Antero Peak Hedge		210
International Small-Mid Team
Non-U.S. Small-Mid Growth		7,042
EMsights Capital Group
Global Unconstrained		631
Emerging Markets Debt Opportunities		123
Emerging Markets Local Opportunities		620
Total Firm Assets Under Management ("AUM")	$	158,887

¹ Separate account and other AUM consists of the assets we manage in or through vehicles other than Artisan Funds or Artisan Global Funds. Separate account and other AUM includes assets we manage in traditional separate accounts, as well as assets we manage in Artisan-branded collective investment trusts, and in our own private funds.
² AUM for Artisan Sustainable Emerging Markets and U.S. Mid-Cap Growth Strategies includes $65.7 million in aggregate for which Artisan Partners provides investment models to managed account sponsors (reported on a lag not exceeding one quarter).

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.

Investor Relations Inquiries: 866.632.1770 or ir@artisanpartners.com
Source: Artisan Partners Asset Management Inc.

FAQ

What were Artisan Partners' AUM as of June 30, 2024?

Artisan Partners reported assets under management of $158.9 billion as of June 30, 2024.

How much did Artisan Funds and Artisan Global Funds contribute to the total AUM in June 2024?

Artisan Funds and Artisan Global Funds contributed $77.0 billion to the total AUM.

What portion of Artisan Partners' AUM came from separate accounts and other AUM as of June 30, 2024?

Separate accounts and other AUM accounted for $81.9 billion of the total AUM.

Which investment strategy had the highest AUM under Artisan Partners as of June 30, 2024?

The International Value strategy had the highest AUM with $43.4 billion as of June 30, 2024.

What was the AUM for Artisan Partners' Global Value strategy in June 2024?

The AUM for the Global Value strategy was $27.5 billion in June 2024.