8-K: Artisan Partners Reports Preliminary June 2024 Assets Under Management at $158.9 Billion

Artisan Partners Asset Management Inc. announced its preliminary assets under management reached $158.9 billion as of June 30, 2024.

Summary

• Artisan Partners Asset Management Inc. reported preliminary assets under management (AUM) of $158.9 billion as of June 30, 2024.
• Of the total AUM, $77.0 billion was attributed to Artisan Funds and Artisan Global Funds.
• Separate accounts and other AUM accounted for the remaining $81.9 billion.
• The report provides a breakdown of AUM across various investment strategies, including Growth, Value, International, Credit, and Emerging Markets teams.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as the document reports standard AUM figures without any significant negative or positive surprises. The firm's AUM is substantial, indicating a stable business.

Positives

• The firm manages a substantial $158.9 billion in assets, demonstrating its significant presence in the investment management industry.
• The AUM is well-diversified across various strategies and teams, indicating a broad range of investment capabilities.
• The firm has a strong presence in both fund-based and separate account management.

Industry Context

This announcement is typical for asset management firms, which regularly report AUM to provide transparency to investors and stakeholders. The AUM figures are a key indicator of the firm's performance and market position.

Comparison to Industry Standards

• Artisan Partners' AUM of $158.9 billion places it among mid-sized to large asset managers globally.
• Firms like T. Rowe Price and Franklin Templeton, with AUM in the hundreds of billions, are larger, while many smaller boutique firms manage less than $50 billion.
• The distribution of AUM across various strategies is typical of diversified asset managers, similar to firms like Janus Henderson and AllianceBernstein.

Stakeholder Impact

• Shareholders will use this information to assess the company's performance and growth.
• Clients will be interested in the AUM figures as an indicator of the firm's scale and stability.
• Employees may view the AUM as a measure of the firm's success and their own job security.

Key Dates

Keywords

Assets Under Management, AUM, Investment Management, Artisan Partners, Asset Management, Global Equity, Value Equity, Growth Equity, Fixed Income, Emerging Markets