Artisan Partners Asset Management Inc.

Artisan Partners Asset Management Inc. Earnings Recaps

APAM Financials 2 recaps
Q3 2025 Oct 31, 2025

Artisan Partners reported strong financial performance in Q3 2025, achieving record assets under management (AUM) of $181.3 billion and a 23% increase in adjusted earnings per share compared to the previous quarter.

Key takeaways
  • Investment performance remains robust, with over 70% of AUM outperforming benchmarks over 3 years; strategies have compounded returns between nearly 6% to over 13% net of fees.
  • Despite some net outflows from certain equity strategies, 14 out of 26 strategies attracted net inflows year-to-date; credit business continues a positive trend with $1.8 billion in inflows.
  • Revenue grew 8% year-over-year, driven by strong market conditions and lower fixed expenses, resulting in a margin expansion of 450 basis points.
Q2 2025 Aug 1, 2025

Artisan Partners Asset Management reported robust performance in Q2 2025, demonstrating significant growth across its investment strategies while successfully transitioning leadership.

Key takeaways
  • Artisan's Credit franchise, led by Bryan Krug, now manages over $13 billion and includes multiple standout strategies with annual returns surpassing benchmarks.
  • The firm expanded its offerings with successful launches, including the Global Special Situations strategy and its first drawdown fund, now with $130 million in commitments.
  • In recognition of performance excellence, Bryan Krug received Morningstar's 2025 Investment Excellence award, further solidifying the firm's reputation in fixed income investing.
  • Under new CEO Jason Gottlieb, the firm remains committed to its investment-first culture and aims to continue growth while enhancing client relationships.