Artisan Partners reports $167.8 billion in assets under management

Source: Investing Posted 09/10/2024, 23:23

Milwaukee – Artisan Partners Asset Management (NYSE: APAM), a global investment management firm, has disclosed that total initial assets under management (AUM) stood at $167.8 billion as of September 30, 2024. This figure includes both Artisan Funds and Artisan Global Funds.

which amounts to $81.0 billion, and segregated accounts and other assets under management, which amount to $86.8 billion.

The company’s growth team strategies, including global opportunities and medium growth in the United States.

recorded assets under management of $22.005 billion and $12.792 billion, respectively. The strategy of the International Value team recorded a significant presence of $46.605 billion under management.

On the flip side, the company’s Chinese value and post-enterprise income strategies showed more modest figures at $17 million .and $188 million, respectively. Established in 1994, Artisan Partners has a diverse group of investment teams that manage a wide range of strategies across different asset classes.

These strategies are provided through multiple investment instruments to suit a diverse client base with different mandates. The firm prides itself on its experienced and disciplined investment professionals who work independently within the company.

The company’s AUM distribution demonstrates its diversified approach to investment management.

with significant allocations in international and global value strategies as well as growth-oriented funds. Sustainable emerging market and mid-growth strategies in the U.S. include $97.7 million in total that provide Artisan Partners investment models for managed account sponsors.

a detail reported with a delay of no more than one quarter.

Investors and interested parties can direct their queries to the investor relations team at Artisan Partners. The company’s latest AUM report is based on a press release from Artisan Partners Asset Management. Artisan Partners Asset Management has undergone a series of significant developments.

The company reported an 11% year-on-year increase in assets under management, to $166.2 billion, despite a slight quarterly decline.

This was complemented by an improvement in revenue and adjusted net income per share.

as revealed by the company’s financial results for the second quarter of 2024.

However, the company’s recent disclosure of assets under management did not meet the expectations set by the financial model for TD Cowen.

maintaining the Hold rating and constant share price target at $39.00. Artisan Partners has been actively seeking opportunities for expansion in alternative investments.

supported by a strong balance sheet featuring an initial capital of $150 million and an unutilized credit facility of $100 million.

Despite net outflows in growth and value strategies.

the company remains optimistic about emerging market equities and debt strategies, citing potential institutional allocations.

However, TD Cowen revised downward adjusted earnings estimates for 2024 and 2025.

taking into account recent market activity and narrower margin expectations.

These are among the recent developments at Artisan Partners.

a company that has been serving sophisticated clients with high value-added investment strategies since 1994.

As always, investors are advised to keep an eye on Artisan Partners stock as it reacts to the recent disclosure of assets under management.

and the implications that may have on the financial health of the company and investor sentiment.

The recent disclosure of Artisan Partners’ assets under management is in line with several key financial metrics and trends highlighted by Investing. The company’s strong assets under management of $167.8 billion as of September 30, 2024 are reflected in its strong financial performance.

According to investing data, Artisan Partners has a market capitalization of $3.43 billion.

supporting its significant presence in the asset management industry. The company’s revenue growth of 10.15% over the past twelve months from the second quarter of 2024 demonstrates its ability to expand its business.

which is critical to maintaining and growing assets under management.

It is worth noting that Artisan Partners maintained a strong dividend policy, with an impressive dividend yield of 7.54%. This is in line with Investing’s advice that the company “pays large dividends to shareholders.” Moreover, the company has maintained dividend payments for 12 consecutive years, demonstrating its commitment to returning value to investors.