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Artisan Partners grows AUM 10%, favors non-consensus strategies amid market shifts, trades at fair 10x PE.

Market News
21 Apr 2026
Seeking Alpha
View Source
Neutral
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Artisan Partners (APAM) has increased its assets under management (AUM) by over 10%, supported by 8% revenue growth and 12% adjusted operating income growth. The firm focuses on non-consensus investment strategies that reduce exposure to US mega-cap and tech-heavy indexes, which may limit gains from a tech-led market recovery. Despite slowing AUM growth in March due to market turmoil, APAM trades at a reasonable 10 times price-to-earnings ratio. However, some investors might prefer passive asset managers like State Street, which have stronger secular support and potentially better valuations.

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