8-K: Artisan Partners Reports Preliminary August AUM of $166.2 Billion
AUM Update
Artisan Partners Asset Management Inc. announced its preliminary assets under management reached $166.2 billion as of August 31, 2024.
Summary
- Artisan Partners Asset Management Inc. reported preliminary assets under management (AUM) of $166.2 billion as of August 31, 2024.
- Artisan Funds and Artisan Global Funds accounted for $80.1 billion of the total AUM.
- Separate accounts and other AUM totaled $86.1 billion.
- The International Value team had the largest AUM at $46.338 billion.
- The Global Value team had the second largest AUM at $28.942 billion.
Sentiment
Score: 7
Explanation: The sentiment is neutral to slightly positive as the document reports a large AUM figure, indicating a stable business. There are no negative indicators.
Positives
- The company's total AUM reached a significant $166.2 billion.
- Both Artisan Funds and separate accounts contributed substantially to the total AUM.
Industry Context
This announcement provides insight into Artisan Partners' performance in the asset management industry, reflecting its ability to attract and manage client assets across various investment strategies.
Comparison to Industry Standards
- Artisan Partners' AUM of $166.2 billion places it among the mid-sized to large asset managers globally.
- Fidelity Investments, for example, manages trillions in AUM, while smaller firms may manage in the tens of billions.
- The distribution of AUM across different strategies is typical for a diversified asset manager, with a mix of equity, fixed income, and alternative strategies.
- The reported AUM is a snapshot in time and can fluctuate based on market conditions and client flows.
Stakeholder Impact
- The AUM figures provide shareholders with an update on the company's performance.
- The results may influence investor confidence and potentially the stock price.
Key Dates
| Date | Description |
|---|---|
| September 11, 2024 | Date of the press release and 8-K filing, reporting preliminary AUM as of August 31, 2024. |
| August 31, 2024 | Date for which the preliminary assets under management are reported. |
Keywords
Assets Under Management, AUM, Investment Management, Artisan Partners, Asset Management, Funds, Separate Accounts
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