Artisan Partners Asset (APAM) 2016年年度报告「NYSE」.pdf

1、Committed to generating differentiated outcomes that help clients meet their goals and objectives by remaining focused on what we value most:Investments People Trust.ARTISAN PARTNERSASSET MANAGEMENT INC.2016 ANNUAL REPORTA LETTER FROM OUR CEO 2FRANCHISE DEVELOPMENT 12Artisan Partners Growth Team 14A

2、rtisan Partners Global Equity Team 16Artisan Partners U.S.Value Team 18Artisan Partners Global Value Team 20Artisan Partners Emerging Markets Team 22Artisan Partners Credit Team 24Artisan Partners Developing World Team 26Artisan Partners Thematic Team 28INVESTMENT PERFORMANCE 30FINANCIAL HIGHLIGHTS

3、33MANAGEMENT TEAM&BOARD OF DIRECTORS 392016 was a year of surprise and disruption.The Brexit vote and U.S.presidential election were the biggest headlines.Disruption was also a major theme in the investment management industry.Asset flows into index products continued to accelerate.Technology contin

4、ued to drive constant changeenabling investors but also exposing everyone to evolving security threats.Competition,regulation and litigation continued to disrupt industry practices and business models,compelling greater transparency and reduced conflicts of interest.In this environment,we at Artisan

5、 Partners remained grounded in Who We Are:Artisan Partners is a high value-added investment management firm designed for investment talent to thrive in a thoughtful growth environment.Our highest priority is to generate differentiated investment outcomes for our clients and investors,with integrity.

6、To that end,our business management team s most important job is to maintain an environment in which our investment teams are able to generate long-term investment results.Our investment teams are the lifeblood of our business.Beginning on page 12 of this report,we describe how we work with our team