With Little Global Name Recognition, Artisan Partners Continues to See AUM Drop
Posted on 04/29/2020
Artisan Partners Asset Management Inc., an investment giant from Wisconsin, reported US$ 95.224 billion in assets under management at March 31, 2020. versus US$ 107.803 billion in AUM at March 31, 2019 – an 11.7% AUM drop. During the first quarter of 2020, Artisan Partners had US$ 2.1 billion of net outflows across the remaining 8 of its 18 strategies, including the Non-US Growth, US Mid-Cap Growth, and US Mid-Cap Value strategies.
As of March 31, 2020, approximately 80% of Artisan’s assets under management were managed for clients and investors domiciled in the U.S. and 20% of its assets under management were managed for clients and investors domiciled outside of the U.S.
Artisan Partners is being lead by Eric R. Colson, a former consultant of Callan Associates’ institutional consulting group. At the time, Artisan Partners was a client of Callan Associates. Colson joined Artisan Partners in 2005, when the firm had US$ 40 billion in assets under management. In the fall of 2008, Artisan’s AUM plunged to US$ 24 billion.
Andrew “Andy” Ziegler and his wife Carlene founded Artisan Partners in 1994. Ziegler was the firm’s executive chairman until March 2014.
