Positive AUM Growth
Assets under management ended the March quarter at $162 billion, up slightly from last quarter and from a year ago, reflecting $4.1 billion of market returns and $1.8 billion in returns above benchmarks.
Strong Performance of New Strategies
The Global Unconstrained strategy generated average annual returns of 9.87% net of fees with a Sharpe ratio of 2.1. The Emerging Market Debt Opportunities strategy ranks in the first percentile of its eVestment peer universe.
Significant Growth in Intermediated Wealth Channel
The intermediated wealth channel now accounts for 60% of total AUM, with an annualized organic growth rate of 5% over five years.
New Strategy Launches
Introduction of the Artisan Global Special Situation strategy and the Artisan Franchise strategy, which are expected to attract significant interest, especially in the private wealth space.