John Dunn's questions to Artisan Partners Asset Management Inc (APAM) leadership • Q2 2025
Question
John Dunn from Evercore asked for more details on two recently won institutional mandates, including funding timing, and sought insights into the current sentiment and demand from institutional clients, both domestically and internationally.
Answer
Executive Chair Eric Colson explained that institutional interest is strong in emerging markets, particularly for the M Sites team and the Developing World strategy. He noted that institutional clients are cautious, leaning towards credit due to market uncertainty and dealing with illiquid allocations. He mentioned that gross flows were muted this quarter, signaling a risk-aware environment, and did not see any specific geographic trends causing concern.