14 February 2013

Milwaukee, Wisconsin. Artisan Partners announced that it will no longer be accepting new separate accounts into its Global Value strategy, effective 6 February 2013. The strategy will remain open to new and existing investors through commingled vehicles, including Artisan Global Value Fund. 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 2012 assets in the strategy were approximately $8.2 Billion.

Artisan Partners CEO Eric Colson said, "We have a conservative approach to the management of capacity in each of our strategies. We take into consideration total assets under management, the velocity of asset growth and the mix of business among the distribution channels we emphasize. Our Global Value team believes it has additional capacity for growth, but we have concluded that it is prudent to close the strategy to new separate account business to manage the pace of growth and the diversification of assets in the strategy."

 

Artisan Global Value Fund, a sub-fund of Artisan Partners Funds, Inc., is a U.S. mutual fund series available to U.S. citizens and legal residents. Artisan Global Value Fund, a sub-fund of Artisan Partners Global Funds plc, is an Irish domiciled UCITS fund series available only to certain qualified non-U.S. Persons in select jurisdictions outside of the United States. Each of Artisan Global Value Funds is managed by the Artisan Global Value team utilizing a substantially similar investment methodology as the Artisan Global Value investment strategy. This material is for informational purposes only and is not intended as a solicitation or recommendation for shares of any Artisan Fund. 

 

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