Artisan Partners Asset Management Inc. (NYSE: APAM) reported its preliminary assets under management ("AUM") as of July 31, 2024, totaling $162.7 billion. This represents an increase from the previous period's AUM of $160.5 billion.
The breakdown of AUM by strategy reveals notable changes in various segments. The Growth Team saw increases in AUM across several strategies, including Global Opportunities, U.S. Mid-Cap Growth, and U.S. Small-Cap Growth. The Global Equity Team also experienced growth, particularly in the Non-U.S. Growth strategy.
Additionally, the International Value Team witnessed a substantial increase in AUM for the International Value strategy, which rose to $44.9 billion from the previous period's $42.3 billion. The Developing World Team's AUM also showed growth, reaching $3.7 billion compared to the previous period's $3.5 billion.
Furthermore, the Credit Team's AUM increased across High Income and Credit Opportunities strategies, while the Antero Peak Group saw a rise in AUM for both Antero Peak and Antero Peak Hedge.
The International Small-Mid Team experienced an increase in AUM for the Non-U.S. Small-Mid Growth strategy, reaching $7.4 billion compared to the previous period's $7.2 billion.
Following these announcements, the company's shares moved 1.0%, and are now trading at a price of $39.1. For more information, read the company's full 8-K submission here.
