BUSINESS UPDATE AND THIRD QUARTER 2021 EARNINGS PRESENTATION
BUSINESS PHILOSOPHY & APPROACH
High Value Added
Talent Driven
Thoughtful
Investment Firm
Business Model
Growth
Designed for Investment
Active StrategiesActive Talent Identification Talent to Thrive
Autonomous Franchises
Managed by Business Professionals
Entrepreneurial Commitment
Proven ResultsStructured to Align Interests
Focus on Long-Term
Global Demand
Since its founding, Artisan has built its business based upon a consistent philosophy and business model.
ARTISAN PARTNERS ASSET MANAGEMENT
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LONG-TERM GROWTH OUTCOME
Global Period
Degrees of Freedom Period
Total Growth
(2005-2014)
(2014-2021)
(2005-2021)
$34.8
$33.4
$21.7
$173.6
$173.6
$43.3
$105.4
$105.4
$40.4
$40.4
2004
Growth from
Growth from
2013
2013
Growth from
Growth from
3Q21
2004
3Q2021
Ending AUM
Existing
New
Ending AUM
Ending AUM
Existing
New
Ending AUM
Ending AUM
Ending AUM
Strategies
Strategies
Strategies
Strategies
In billions. Ending AUM as of Dec 31. "New Strategies" refers to strategies launched during the indicated period.
ARTISAN PARTNERS ASSET MANAGEMENT
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OPPORTUNITIES FOR GROWTH
Disruption
Depressed interest rates disrupt traditional asset allocations.
Private markets continue to evolve and public/private distinction blurs.
Growth of China leaves investors under-allocated to world's second largest economy.
Financial industry consolidates and focuses on packaged solutions, scale and short-term outcomes.
… Creates Opportunity for
Differentiated credit and yield-oriented strategies.
Private investments from long-term investors and access to private returns beyond the institutional community.
More-andmore dedicated-exposure to China's economy, growth and capital markets.
Investment firms dedicated to high-value added investing and to the investment talent who generate alpha.
… That aligns well with Who We Are
Within the next year we expect to launch several additional differentiated credit and yield-oriented strategies.
We have successfully launched our first strategy with a dedicated private investing component, and we are actively pursuing more private investing across our firm.
We plan to continue to expand our investing in China, which presents an extensive opportunity set and ideal opportunity to generate high-value added, differentiated returns for clients.
We have a long history of capitalizing on industry disruption to recruit new talent and grow our firm.
ARTISAN PARTNERS ASSET MANAGEMENT
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NEWEST TEAM
Leadership
Process Highlights
Title
Investment
▪ Vast and differentiated opportunity set
Experience
Michael Cirami, CFA
Lead Portfolio Manager
22 years
▪ Countries matter most
Michael O'Brien, CFA
Head of Global Trading
21 years
▪ Isolate risk factors and get compensated
Sarah Orvin, CFA
Portfolio Manager
13 years
▪ Embrace operational alpha
Global Bond Market (in trillions)1
EM Debt AUM Growth (in trillions)2
$54
$47
$31
U.S.
Developed ex-
EM
U.S.
Source: JP Morgan Guide to the Markets June 30, 2021.
2 Source: eVestment. As of June 30, 2021.
$1.2
$1.0
$0.8
$0.6
$0.4
$0.2 $0.0
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
Dec-
08
09
10
11
12
13
14
15
16
17
18
19
20
EMD - Passive EMD - Blend EMD - Hard EMD - Corporate EMD - Local
ARTISAN PARTNERS ASSET MANAGEMENT
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Artisan Partners Asset Management Inc. published this content on 26 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 26 October 2021 20:15:07 UTC.
Artisan Partners Asset Management Inc. is an investment management company. The Company is engaged in attracting, retaining and developing investment professionals by creating an environment, in which each investment team is provided resources and support, transparent and direct financial incentives, investment autonomy, and a long-term time horizon. It offers its investment management capabilities primarily to institutions and through intermediaries that operate with institutional-like decision-making processes by means of separate accounts and pooled vehicles. It accesses traditional institutional clients primarily through relationships with investment consultants. It accesses other institutional-like investors primarily through consultants, alliances with defined contribution/401(k) platforms and relationships with financial advisors and broker-dealers. It offers clients a range of actively managed investment strategies diversified by asset class, market cap and investment style.