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

Rhea-AI Summary

Artisan Partners Asset Management reported its preliminary assets under management (AUM) for May 31, 2024, totaling $158.6 billion. Artisan Funds and Artisan Global Funds contributed $77.5 billion, while separate accounts and other AUM accounted for $81.1 billion. Key strategies included $21.3 billion in Global Opportunities, $12.6 billion in U.S. Mid-Cap Growth, and $44.1 billion in International Value. The update reflects the firm's diverse global investment strategies and its commitment to high-value asset management.

Positive

• Total AUM reached $158.6 billion as of May 31, 2024.
• Artisan Funds and Global Funds contributed a substantial $77.5 billion.
• Diverse range of strategies, including Global Opportunities ($21.3B) and U.S. Mid-Cap Growth ($12.6B).
• Significant contribution from International Value strategy with $44.1 billion AUM.

Negative

• Lower AUM in less prominent strategies, e.g., Global Unconstrained ($627M) and Emerging Markets Local Opportunities ($629M).
• Some strategies, like Global Discovery and China Post-Venture, reported relatively minimal AUM of $1.6 billion and $170 million, respectively.

Insights

Financial Analyst

The reported assets under management (AUM) for Artisan Partners as of May 31, 2024, stand at $158.6 billion. Breaking this down, $77.5 billion of AUM is attributed to Artisan Funds and Artisan Global Funds, while $81.1 billion is from separate accounts and other AUM. This distribution indicates a healthy balance between different investment vehicles, suggesting diversified client engagement.

The notable strategies include the International Value Team managing $44.089 billion, which is a significant portion of the total AUM. This could imply strong performance or demand for international value investments. Similarly, the Global Value Team with $27.763 billion suggests growing interest in global investments.

For retail investors, this data points towards the firm's ability to attract and manage substantial assets across a wide array of strategies, indicating potential stability and diversified risk. However, it's also essential to monitor how these figures compare to previous periods to gauge trends in investor sentiment and performance of specific strategies.

Market Research Analyst

The detailed breakdown of AUM by strategy offers insights into investor preferences and market trends. For instance, the Growth Team's Global Opportunities strategy managing $21.272 billion indicates substantial interest in global growth opportunities, despite market volatility. Conversely, the Sustainable Emerging Markets Team managing $1.014 billion reflects a growing but still niche segment, highlighting an area with potential for growth.

The firm's capability to maintain a diverse portfolio across various asset classes suggests robust risk management practices and adaptability to changing market conditions. This diversity can shield investors from sector-specific downturns, providing a more stable investment environment.

Overall, investors should consider the firm's strategic allocation and performance in line with their risk tolerance and investment goals. Understanding the strategy-specific AUM can help in identifying which segments might align better with individual investment preferences.

MILWAUKEE, Wis., June 11, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of May 31, 2024 totaled $158.6 billion. Artisan Funds and Artisan Global Funds accounted for $77.5 billion of total firm AUM, while separate accounts and other AUM¹ accounted for $81.1 billion.

PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2
As of May 31, 2024 - ($ Millions)
Growth Team
Global Opportunities	$       21,272
Global Discovery	1,593
U.S. Mid-Cap Growth	12,640
U.S. Small-Cap Growth	3,023
Global Equity Team
Global Equity	341
Non-U.S. Growth	13,193
China Post-Venture	170
U.S. Value Team
Value Equity	4,538
U.S. Mid-Cap Value	2,743
Value Income	15
International Value Team
International Value	44,089
International Explorer	335
Global Value Team
Global Value	27,763
Select Equity	327
Sustainable Emerging Markets Team
Sustainable Emerging Markets	1,014
Credit Team
High Income	10,575
Credit Opportunities	238
Floating Rate	80
Developing World Team
Developing World	3,886
Antero Peak Group
Antero Peak	2,065
Antero Peak Hedge	213
International Small-Mid Team
Non-U.S. Small-Mid Growth	7,071
EMsights Capital Group
Global Unconstrained	627
Emerging Markets Debt Opportunities	119
Emerging Markets Local Opportunities	629
Total Firm Assets Under Management ("AUM")	$        158,559

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 certain strategies include the following amounts for which Artisan Partners provides investment models to managed account sponsors (reported on a one-month lag): Artisan Sustainable Emerging Markets $64 million.

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' assets under management in May 2024?

Artisan Partners reported $158.6 billion in assets under management as of May 31, 2024.

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

Artisan Funds and Artisan Global Funds accounted for $77.5 billion of the total AUM.

What is the AUM for Artisan's Global Opportunities strategy?

The Global Opportunities strategy had an AUM of $21.3 billion as of May 31, 2024.

How much did the U.S. Mid-Cap Growth strategy contribute to the AUM?

The U.S. Mid-Cap Growth strategy contributed $12.6 billion to the total AUM.

What is the value of the International Value strategy's AUM?

The International Value strategy had an AUM of $44.1 billion as of May 31, 2024.

How did separate accounts and other AUM perform in May 2024?

Separate accounts and other AUM totaled $81.1 billion as of May 31, 2024.

What were the key contributing strategies to Artisan's AUM in May 2024?

Key contributing strategies included Global Opportunities ($21.3 billion) and International Value ($44.1 billion).