Artisan Partners Reports Record Q2 AUM of $183.4B, Plans to Wind Down US Value Business
The firm posted record assets under management despite $10.5 billion in net outflows, and announced it will close its US Value equity business by Q3 2026.
APAM
Artisan Partners Asset Management reported record assets under management of $183.4 billion for the second quarter, even as the firm experienced $10.5 billion in firmwide net outflows.
Quarterly GAAP diluted earnings per share came in at $1.11, with adjusted EPS of $0.94. No further breakdown of the earnings drivers was provided.
Separately, the company said it plans to wind down its US Value equity business by the end of the third quarter of 2026. No details were given on the financial impact or reason for the closure.
Source: First Squawk