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A ARTISAN PARTNERS ASSET MANAGEMENT NEWS RELEASE Artisan Partners Asset Management Inc. Reports 2Q21 Results Milwaukee , WI - August 3 , 2021 - Artisan Partners Asset Management Inc. ( NYSE : APAM ) ( the " Company " or " Artisan Partners " ) today reported its results for the three and six months ended June 30 , 2021 , and declared a quarterly dividend . Chairman and CEO , Eric Colson , said , " Artisan Partners is designed for investment talent to thrive . We have a repeatable process for recruiting , resourcing and partnering with investment leaders to develop sustainable investment franchises . Over the last 12 months , we have embedded new investment leaders within established franchises , pushed further into non - U.S . and private markets and remained patient and disciplined , prioritizing investment talent and returns for long- term success . " In September 2020 , Beini Zhou and Anand Vasagiri joined the Artisan International Value franchise . Together with founding portfolio manager David Samra , Beini and Anand launched the Artisan International Small Cap Value strategy . The strategy applies the value - oriented philosophy and process that David has been practicing and refining at Artisan for nearly 20 years to the large and less efficient international small cap space . Since inception on November 1 , 2020 , the strategy has returned 45.9 % , after fees , beating its benchmark index by more than 9 percentage points . " In the second half of 2020 , Tiffany Hsiao and Yuanyuan Ji also joined the firm to build a new investment group within our Global Equity franchise to invest in disruptive , fast compounding public and private companies in Greater China . Since they joined the firm , we have worked with Tiffany and Yuanyuan to build a team of five professionals , open a new office in Hong Kong , develop custom investment technology , access the China A share market and execute on early private transactions . As of the end of the quarter , since its April 1 , 2021 inception , the strategy had returned 11.2 % , after fees , beating its benchmark index by more than 5 percentage points . " In addition to the early success of new talent , we are pleased to report the continued success of our Sustainable Emerging Markets team , led by Maria Negrete - Gruson , who founded the team at Artisan Partners 15 years ago . Over the years , Maria and her team have developed and evolved an approach to sustainability that is broad in scope , calibrated for emerging markets and focused on long - term direction and degree of positive change . The team's talent , experience and hard work have paid off for investors and the firm . Over the trailing 5 years , the team has generated average annual returns of 14.8 % , after fees , beating the benchmark index by nearly 1.8 percentage points per year . " Alignment of investment talent and sophisticated clients drives long - term success . We give talented people the time and resources to generate high value - added investment returns over time horizons that matter to sophisticated clients . This requires patience to let things play out and discipline to prioritize the long - term . " Owing to the long - term success of our approach , we have taken steps to limit flows from certain clients and investors into our Non - U.S . Small Mid Growth , International Value and High Income strategies . Managing capacity is the right thing to do for our clients and is critical to attracting and retaining investment talent . Managing capacity is also a crucial component of our thoughtful growth mindset . Over the long - term , we expect most of our growth to come from the investment returns we generate for clients . " Over more than 25 years , we have generated successful outcomes consistent with Who We Are . We have identified and partnered with talented investment leaders . We have successfully developed multiple investment franchises spanning asset classes , inception dates and talent generations . We have compounded client capital over long durations for the benefit of all our stakeholders : clients , associates and shareholders . We have repeated this outcome time and again for over 25 years : • All of our investment strategies have generated attractive absolute returns , helping our clients achieve their goals and objectives . Since their respective inception dates , our 12 strategies with track records of longer than five years have compounded capital at average annual rates from 6.52 % to 20.74 % , after fees . Since inception , 16 of our 20 investment strategies have outperformed their benchmarks by 150 basis points or more annually , after fees . In the second quarter of 2021 , we generated record quarterly revenue of $ 304.9 million ; our compensation ratio and adjusted operating margin were both 45 % . And we announced a quarterly dividend of $ 1.00 per share with respect to the second quarter . "