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

Rhea-AI Summary

Artisan Partners Asset Management (NYSE: APAM) reported preliminary assets under management (AUM) of $166.8 billion as of November 30, 2024. The AUM breakdown shows $80.5 billion in Artisan Funds and Artisan Global Funds, while separate accounts and other AUM accounted for $86.3 billion.

November's figures include the impact of approximately $314 million in Artisan Funds distributions not reinvested. Notable strategy allocations include Global Opportunities ($21.3B), International Value ($45.3B), and Global Value ($29.4B).

Positive

• Total AUM remains substantial at $166.8 billion
• Strong position in International Value strategy with $45.3 billion AUM
• Significant Global Value strategy with $29.4 billion AUM
• Global Opportunities strategy maintains robust $21.3 billion AUM

Negative

• $314 million in fund distributions not reinvested, indicating potential outflows

Insights

Financial Analyst

The reported $166.8 billion AUM for November shows Artisan Partners maintaining a strong market position in asset management. The International Value strategy leads with $45.3 billion AUM, followed by Global Value at $29.4 billion and Global Opportunities at $21.3 billion. The $314 million in distributions not reinvested represents typical year-end activity. The firm's diverse strategy lineup across growth, value and fixed income demonstrates healthy business diversification. Notable is the emerging markets exposure through multiple strategies, including dedicated debt opportunities, showing strategic positioning in high-growth markets. The balanced distribution between Artisan Funds/Global Funds ($80.5 billion) and separate accounts ($86.3 billion) indicates strong institutional relationships alongside retail presence.

Market Research Analyst

The AUM breakdown reveals strategic insights about Artisan's market positioning. Value-oriented strategies dominate, with International Value and Global Value collectively managing over $74 billion, suggesting strong institutional demand for value investing in the current market environment. Growth strategies maintain significant presence but smaller allocations, reflecting market rotation patterns. The emerging market strategies' relatively modest AUM ($8.1 billion across various strategies) indicates room for growth in developing markets. The small AUM in newer strategies like China Post-Venture ($174 million) and Value Income ($17 million) suggests cautious expansion into new market segments. This diversified approach helps buffer against market cycles while providing multiple growth vectors.

MILWAUKEE, Dec. 10, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of November 30, 2024 totaled $166.8 billion. Artisan Funds and Artisan Global Funds accounted for $80.5 billion of total firm AUM, while separate accounts and other AUM¹ accounted for $86.3 billion. In November, certain Artisan Funds made their annual income and capital gains distributions. November month-end AUM includes the impact of approximately $314 million of Artisan Funds distributions not reinvested.

PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2
As of November 30, 2024 - ($ Millions)
Growth Team
Global Opportunities	$	21,296
Global Discovery		1,872
U.S. Mid-Cap Growth		13,769
U.S. Small-Cap Growth		3,359
Global Equity Team
Global Equity		358
Non-U.S. Growth		12,953
China Post-Venture		174
U.S. Value Team
Value Equity		5,168
U.S. Mid-Cap Value		2,866
Value Income		17
International Value Team
International Value		45,253
International Explorer		386
Global Value Team
Global Value		29,430
Select Equity		343
Sustainable Emerging Markets Team
Sustainable Emerging Markets		1,541
Credit Team
High Income		11,552
Credit Opportunities		273
Floating Rate		72
Developing World Team
Developing World		4,246
Antero Peak Group
Antero Peak		2,231
Antero Peak Hedge		241
International Small-Mid Team
Non-U.S. Small-Mid Growth		7,104
EMsights Capital Group
Global Unconstrained		681
Emerging Markets Debt Opportunities		983
Emerging Markets Local Opportunities		653
Total Firm Assets Under Management ("AUM")	$	166,821

_{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 $99.4 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 is Artisan Partners' (APAM) total AUM as of November 2024?

Artisan Partners' total assets under management (AUM) as of November 30, 2024, was $166.8 billion.

How much of APAM's AUM is in Artisan Funds and Artisan Global Funds?

Artisan Funds and Artisan Global Funds accounted for $80.5 billion of the total firm AUM.

What is APAM's largest investment strategy by AUM as of November 2024?

The International Value strategy is APAM's largest, with $45.3 billion in AUM.

How much were the non-reinvested fund distributions for APAM in November 2024?

The non-reinvested Artisan Funds distributions in November 2024 amounted to approximately $314 million.