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

Rhea-AI Summary

Artisan Partners Asset Management Inc. (NYSE: APAM) reported preliminary assets under management (AUM) of $167.8 billion as of September 30, 2024. The AUM breakdown includes:

- $81.0 billion in Artisan Funds and Artisan Global Funds
- $86.8 billion in separate accounts and other AUM

The report provides a detailed breakdown of AUM by investment strategy, with notable figures including:

• Global Opportunities: $22,005 million
• International Value: $46,605 million
• Global Value: $29,390 million
• U.S. Mid-Cap Growth: $12,792 million
• Non-U.S. Growth: $13,217 million

Artisan Partners offers a diverse range of high value-added investment strategies across multiple asset classes, managed by autonomous investment teams.

Positive

• Total assets under management (AUM) reached $167.8 billion
• Strong AUM in key strategies: International Value ($46.6 billion), Global Value ($29.4 billion), and Global Opportunities ($22 billion)
• Diverse range of investment strategies across multiple asset classes

Negative

• None.

Insights

Financial Analyst

The reported AUM of $167.8 billion as of September 30, 2024, provides a important snapshot of Artisan Partners' financial health. This figure represents a key metric for asset management firms, directly impacting revenue potential. The breakdown between Artisan Funds/Global Funds ($81.0 billion) and separate accounts/other AUM ($86.8 billion) shows a balanced distribution, potentially indicating diversified revenue streams.

Notable strategies include Global Opportunities ($22.0 billion), International Value ($46.6 billion) and Global Value ($29.4 billion), which collectively account for nearly 58% of total AUM. This concentration suggests these strategies are important performance drivers for the firm. The presence of emerging market and specialized strategies (e.g., China Post-Venture, Sustainable Emerging Markets) indicates efforts to capture growth in developing economies and ESG-focused investments.

For investors, this AUM report serves as a barometer of Artisan Partners' market position and ability to attract and retain client assets. However, without comparative data from previous periods or peer firms, it's challenging to assess growth trends or market share changes.

Market Research Analyst

Artisan Partners' diverse range of investment strategies across multiple asset classes demonstrates a robust product offering, catering to various investor preferences and market conditions. The firm's global reach, evidenced by strategies focused on international markets, positions it well to capitalize on worldwide investment opportunities.

The inclusion of specialized strategies like Sustainable Emerging Markets and China Post-Venture shows Artisan's adaptability to evolving market trends, particularly the growing interest in ESG investing and emerging market opportunities. This diversification could help buffer against sector-specific downturns.

The significant AUM in value-oriented strategies (International Value, Global Value) suggests a strong foothold in this investment style, which could be advantageous if market sentiment shifts towards value investing. Conversely, the firm's growth strategies provide balance and appeal to growth-oriented investors.

For investors, Artisan's broad strategy lineup offers flexibility and potential for risk diversification within a single asset management firm. However, the performance of these strategies relative to benchmarks and peers would be important in assessing the firm's competitive position and ability to maintain or grow its AUM.

MILWAUKEE, Oct. 09, 2024 (GLOBE NEWSWIRE) -- Artisan Partners Asset Management Inc. (NYSE: APAM) today reported that its preliminary assets under management ("AUM") as of September 30, 2024 totaled $167.8 billion. Artisan Funds and Artisan Global Funds accounted for $81.0 billion of total firm AUM, while separate accounts and other AUM¹ accounted for $86.8 billion.

PRELIMINARY ASSETS UNDER MANAGEMENT BY STRATEGY2
As of September 30, 2024 - ($ Millions)
Growth Team
Global Opportunities	$	22,005
Global Discovery		1,688
U.S. Mid-Cap Growth		12,792
U.S. Small-Cap Growth		3,177
Global Equity Team
Global Equity		360
Non-U.S. Growth		13,217
China Post-Venture		188
U.S. Value Team
Value Equity		4,931
U.S. Mid-Cap Value		2,863
Value Income		17
International Value Team
International Value		46,605
International Explorer		343
Global Value Team
Global Value		29,390
Select Equity		338
Sustainable Emerging Markets Team
Sustainable Emerging Markets		2,006
Credit Team
High Income		11,295
Credit Opportunities		254
Floating Rate		73
Developing World Team
Developing World		4,225
Antero Peak Group
Antero Peak		2,175
Antero Peak Hedge		228
International Small-Mid Team
Non-U.S. Small-Mid Growth		7,311
EMsights Capital Group
Global Unconstrained		655
Emerging Markets Debt Opportunities		1,024
Emerging Markets Local Opportunities		680
Total Firm Assets Under Management ("AUM")	$	167,840

_{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 $97.7 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 was Artisan Partners Asset Management's (APAM) total AUM as of September 30, 2024?

Artisan Partners Asset Management Inc. (NYSE: APAM) reported preliminary assets under management (AUM) of $167.8 billion as of September 30, 2024.

How much AUM did Artisan Funds and Artisan Global Funds account for in September 2024?

Artisan Funds and Artisan Global Funds accounted for $81.0 billion of the total firm AUM as of September 30, 2024.

What was APAM's largest strategy by AUM as of September 30, 2024?

The largest strategy by AUM was International Value, with $46,605 million under management as of September 30, 2024.

How much AUM did Artisan Partners' Global Value strategy have in September 2024?

Artisan Partners' Global Value strategy had $29,390 million in AUM as of September 30, 2024.