MILWAUKEE--(BUSINESS WIRE)--Jan. 28, 2014-- Artisan Partners Asset Management Inc. (NYSE: APAM) today announced that it will be closing its Global Value strategy, including Artisan Global Value Fund, to most new investors effective as of the close of business on 14 February 2014. On 14 February 2013, Artisan Partners announced a partial closing of its Global Value strategy by no longer accepting new separate accounts. The Global Value strategy is managed by the Artisan Global Value team, which is led by portfolio managers Dan O’Keefe and David Samra. The strategy launched on 1 July 2007, and as of 31 December 2013, assets in the strategy were approximately $14.1 billion.

Artisan Partners CEO Eric Colson said, “We manage capacity for each of our strategies individually, taking a conservative approach that considers total assets under management, the velocity of asset growth and the mix of business across distribution channels, geographic regions and client types. We also consider other factors, such as the exceptional market performance over the past five years, which has contributed to the rate of asset growth in the Artisan Global Value strategy. At this point in the evolution of strategy capacity we believe that a further closing is necessary to preserve the integrity of the strategy over the long-term.”

About Artisan Partners

Artisan Partners is a global investment management firm that provides a broad range of high value-added investment strategies in growing asset classes to sophisticated clients around the world. Since 1994, the firm has been committed to attracting experienced, disciplined investment professionals to manage client assets. Artisan Partners currently has six autonomous investment teams that oversee thirteen distinct U.S., non-U.S. and global investment strategies. Each strategy is offered through multiple investment vehicles to accommodate a broad range of client mandates. The firm’s principal offices are located in Milwaukee, San Francisco, Atlanta, New York, Kansas City and London.

Source: Artisan Partners Asset Management Inc.

Artisan Partners Asset Management Inc.
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