Q3 2025 Artisan Partners Asset Management Inc Earnings Call Transcript
Key Points
- Artisan Partners Asset Management Inc (APAM) reported strong investment performance, with over 70% of AUM outperforming benchmarks over three years.
- All 12 Artisan strategies with track records over 10 years have outperformed their benchmarks since inception, compounding capital at average annual rates of return from nearly 6% to over 13% net of fees.
- The company achieved an all-time high in assets under management, reaching $181.3 billion at the end of the quarter.
- Revenue growth was fueled by strong market conditions and lower fixed expenses, leading to a 23% increase in earnings compared to the second quarter of 2025.
- Artisan Partners Asset Management Inc (APAM) continues to see positive business development initiatives, with net inflows in 14 of their 26 investment strategies year-to-date.
- Firmwide net outflows were primarily due to outflows from a handful of equity strategies experiencing rebalancing and client terminations.
- Trailing one-year performance was negatively impacted by underperformance in several large equity strategies, including international value and global opportunities.
- The company anticipates approximately $900 million of mutual fund distributions will not be reinvested in the fourth quarter.
- Despite efforts to improve gross flows and reduce redemptions, gross flows have remained persistently flat.
- The Australian market's regulatory environment has led to a reevaluation of allocations to active management, resulting in some client terminations.
Good day and welcome to the Artisan Partners Third quarter 2025 earnings conference call.
All participants will be in the tsunami mode. Should you need assistance, please signal a conference specialist are pressing the star key followed by 0.
After today's presentation, there will be an opportunity to ask questions. To ask a question, you may press then 1 on your telephone keypad. To withdraw your question, please press 2. Please note, this event is being recorded. Oh, now let's turn the conference over to Brendan Hughes. Please go ahead.
Welcome to the Artisan Partners Asset Management Business update and earnings call. Today's call will include remarks from Jason Gottlieb, CEO, and CJ Daley, CFO. Following these remarks, we will open the line for questions. Our latest results and investor presentation are available on the investor relations section of our website.
Before we begin today, I would like to remind you that comments made during today's
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
