8-K: Artisan Partners Reports Preliminary October AUM at $162.8 Billion

Artisan Partners Asset Management Inc. announced its preliminary assets under management reached $162.8 billion as of October 31, 2024.

Summary

• Artisan Partners Asset Management Inc. reported preliminary assets under management (AUM) of $162.8 billion as of October 31, 2024.
• Of the total AUM, $78.8 billion was attributed to Artisan Funds and Artisan Global Funds.
• Separate accounts and other AUM accounted for the remaining $84.0 billion.
• The International Value team had the largest AUM at $44.9 billion.
• The Global Value team had the second largest AUM at $28.3 billion.
• The Growth team had a total AUM of $37.6 billion across its various strategies.

Sentiment

Score: 7

Explanation: The sentiment is neutral to positive as the document reports a large AUM figure, indicating a stable and successful asset management business. There are no negative indicators or warnings.

Positives

• The firm's total AUM reached a substantial $162.8 billion.
• Both Artisan Funds and separate accounts contributed significantly to the overall AUM.
• The International Value strategy demonstrates strong investor confidence with the highest AUM.

Industry Context

This announcement provides insight into Artisan Partners' performance in the competitive asset management industry, reflecting its ability to attract and retain client assets across various investment strategies.

Comparison to Industry Standards

• Artisan Partners' AUM of $162.8 billion places it among 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 diversified asset managers, with a mix of equity, fixed income, and alternative strategies.
• The International Value strategy's large AUM is comparable to other firms with a strong focus on international value investing, such as Schroder Investment Management.

Stakeholder Impact

• Shareholders will likely view the AUM figures as an indicator of the company's performance and growth.
• Clients will be interested in the performance of their specific investment strategies within the reported AUM.
• Employees may see the AUM as a reflection of the company's stability and success.

Key Dates

Keywords

Assets Under Management, AUM, Investment Management, Artisan Partners, Asset Management, Global Investments, Investment Strategies