Artisan Partners Asset Management Inc. · NYSE:APAM
Artisan Partners Asset Management — Investor Presentation (February 2025)
19 slides from Artisan Partners Asset Management's investor presentation, Feb 13, 2025
Slide 1: International Investment Insights for 2025
Artisan High Income Fund International Investment Insights for 2025 Mark Yockey—Portfolio Manager Brett Meyer—Chief Operating Officer Artisan Partners Global Equity Team This material does not constitute an offer or solicitation where such actions are not authorized or lawful. Further limitations on
Slide 2: Important Disclosures
Important Disclosures These materials are provided solely for use in a private meeting and are intended for informational and discussion purposes only. Investment is subject to further documentation. This document is not a prospectus. Unless expressly stated, it has not otherwise been registered wit
Slide 3: Investment Process — Quality, Growth and Valuation
Artisan Partners Global Equity Team Investment Process — Quality, Growth and Valuation Themes Sustainable Quality Growth Investment Opportunities Valuation ARTISAN PARTNERS 2
Slide 4: Investment Process — Idea Generation
Artisan Partners Global Equity Team Investment Process — Idea Generation Identify long-term growth themes with the objective of investing in companies having meaningful exposure to these trends Themes Demographics Technology Environment Consumer Trends Artificial Intelligence Energy Transition
Slide 5: Artisan Non-U.S. Equity Strategy Looks Relatively Cheap
Artisan Partners Global Equity Team Artisan Non-U.S. Equity Strategy Looks Relatively Cheap Est. 3-5 Yr. Earnings Per Share Growth Rate Price /Earnings FY1 Est. 25 45 24.51 23.56 23.88 20.55 40 18.96 19.52 20 35 16.86 17.13 17.59 30 15 25 20 16.80 16.39 10 15.82 15 5 10 5 0 0 10/31/2024 11/30/2024 1
Slide 6: International Equity Looks Compelling
Artisan Partners Global Equity Team International Equity Looks Compelling 2024 Earnings Contribution 100% 22% 80% 47% 60% Top 20 40% 78% Rest of Index 53% 20% 0% MSCI EAFE S&P 500 5-Yr. Earnings MV Weight Earnings Contrib** Growth Top 20 22.4% 22.1% 16.6% MSCI EAFE Rest of Index 77.6% 77.9% 13.1% To
Slide 7: Investment Results (USD)
Artisan International Fund Investment Results (USD) Average Annual Total Returns Calendar Year Returns (%) 2020 2021 2022 2023 2024 Artisan Non-U.S. Growth Composite: Net 7.62 9.07 -19.21 14.47 10.74 Source: Artisan Partners/MSCI. Past performance does not guarantee and is not a reliable indicator o
Slide 8: Investment Themes
Investment Themes
Slide 9: Demographics—Health Care Innovation
Artisan Partners Global Equity Team Demographics—Health Care Innovation Seek high-conviction holdings with strong balance sheets, novel approaches for treatment and promising pipelines Consumer-Driven Care Percentage of Registered Clinical People living longer lives, requiring more care Studies
Slide 10: Demographics—Consumer Trends
Artisan Partners Global Equity Team Demographics—Consumer Trends Pursue leading brands that can provide pricing power and secular growth Traditional Premium Brands Brand equity and strong positioning provide pricing power Number of US Adults Betting on Sports Online 14% of US Adults 40 36.9 “Pre
Slide 11: Financial Services—Durable Cash Flows
Artisan Partners Global Equity Team Financial Services—Durable Cash Flows Invest in competitively advantaged financial intermediaries benefiting from economic and monetary tailwinds Asset Management & Insurance Brokerage Total Global Assets Under Management $160 $145.4 Large and diversified asset
Slide 12: Infrastructure—Strategic Assets
Artisan Partners Global Equity Team Infrastructure—Strategic Assets Research structurally advantaged companies with hard-to-replicate assets Revenues for TIC Industry End Markets Tangible Asset “Moats” Other, 10% Ownership of essential, high-value assets with a natural Consumer monopoly can suppor
Slide 13: Infrastructure—Defense
Artisan Partners Global Equity Team Infrastructure—Defense Research structurally advantaged companies with hard-to-replicate assets Growing number of conflicts fueling demand Annual Real Change in NATO Defense Spending Continuing war in Ukraine increasing need for allies to 12% 10.9% replenish and
Slide 14: Environment—Energy Efficiency and Clean Energy
Artisan Partners Global Equity Team Environment—Energy Efficiency and Clean Energy Seek industry leaders that are providing the solutions to achieve the global energy transition Energy Efficiency Share of Electricity Consumed in Net Zero Emissions 2050 Scenario Industrial gases—reduced emissions a
Slide 15: Sector Weights
Artisan Non-U.S. Growth Strategy Sector Weights Source: GICS/MSCI. Percentages shown are of the representative portfolio securities compared to the MSCI EAFE Index. Based on a representative portfolio. Cash represented 3.0% of the total representative portfolio at 31 Dec 2023 and 7.3% at 31 Dec 2024
Slide 16: Portfolio Holdings (% of total portfolio)
Artisan Non-U.S. Growth Strategy Portfolio Holdings (% of total portfolio) Communication Services Financials Industrials Real Estate 4.2 Deutsche Telekom AG 5.4 UBS Group AG 2.9 Melrose Industries PLC 1.8 Vonovia SE 0.9 Tencent Music Entertainment Group 3.3 Deutsche Boerse AG 2.6 Canadian Pacific Ka
Slide 17: Questions?
Questions?
Slide 18: Notes and Disclosures
Artisan Partners Notes and Disclosures This section of the presentation contains information important to a complete understanding of the material presented. Please read it carefully. Form ADV: Additional information about APLP or APUK, the firms, its partners, ownership, investment strategies, fees
Slide 19: Notes and Disclosures
Artisan Partners Notes and Disclosures In the United Kingdom, issued by APUK, 25 St. James’s St., Floor 3, London SW1A 1HA, registered in England and Wales (LLP No. OC351201). Registered office: Phoenix House, Floor 4, Station Hill, Reading Berkshire RG1 1NB. In Ireland, issued by AP Europe, Fitzwil
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