Latest news with #ArtisanPartners
New Straits Times
2 days ago
- Business
- New Straits Times
US investment firm Artisan Partners to close Hong Kong office
HONG KONG: US-based investment firm Artisan Partners is shutting down its Hong Kong office by the end of June, two sources with knowledge of the situation said. The firm is disbanding the Hong Kong-based team after it decided to shut down its Greater China strategy partly due to concerns about escalating Sino-US trade and geopolitical tensions that have made investments in the world's second-largest economy riskier, said one of the sources. Artisan, which is headquartered in Milwaukee, Wisconsin, and managed US$164.4 billion globally as of the end of April, did not immediately respond to Reuters' requests for comment. The sources declined to be named as the information was not public. Reuters could not immediately ascertain how many people would be affected by the shutdown of the Hong Kong office. The firm's China post-venture strategy, a fund that focuses on Chinese small- and mid-cap public and private companies, had US$113 million of assets under management at the end of April, according to the firm's monthly update. In the same update, Artisan said the China-focused portfolio was in the process of winding down, without giving details. The firm's retreat from Hong Kong comes amid the US government's tightened scrutiny of American investments in China and an ongoing trade war that has clouded the business outlook of many export-heavy companies from China. The US government restricts US investments in certain sensitive technology sectors in China, such as semiconductors, artificial intelligence and quantum computing. US investors are also restricted from investing in companies that are on the US sanctioned entity list that comprise a growing number of those from China. US onshore investors were not able to buy shares of Chinese battery giant CATL in its US$4.6 billion Hong Kong listing last month due to the structure of the deal, CATL's filings showed. CATL was placed on a US Defense Department list in January of Chinese companies it says work with China's military. By March 2025, Artisan's China post-venture strategy posted a net loss of 10.4 per cent since its inception in March 2021. "The largest risks for investing in China will continue to be geopolitics and domestic policy overshoots," Tiffany Hsiao, the strategy's portfolio manager, said in a client letter on the firm's website in April. Outside the US, Artisan also has offices in London, Dublin, Singapore, and Sydney, according to its website. The move follows the exit or downsizing of several North American asset managers and international law firms from Hong Kong over the past few years. Ontario Teachers' Pension Plan, Canada's third-largest pension fund, announced the closure of its Hong Kong office in March.
Reuters
3 days ago
- Business
- Reuters
US investment firm Artisan Partners to close Hong Kong office, sources say
HONG KONG, June 6 (Reuters) - U.S.-based investment firm Artisan Partners is shutting down its Hong Kong office by the end of June, two sources with knowledge of the situation said. The firm is disbanding the Hong Kong-based team after it decided to shut down its Greater China strategy partly due to concerns about escalating Sino-U.S. trade and geopolitical tensions that have made investments in the world's second-largest economy riskier, said one of the sources. Artisan, which is headquartered in Milwaukee, Wisconsin, and managed $164.4 billion globally as of the end of April, did not immediately respond to Reuters' requests for comment. The sources declined to be named as the information was not public. Reuters could not immediately ascertain how many people would be affected by the shutdown of the Hong Kong office. The firm's China post-venture strategy, a fund that focuses on Chinese small- and mid-cap public and private companies, had $113 million of assets under management at the end of April, according to the firm's monthly update. In the same update, Artisan said the China-focused portfolio was in the process of winding down, without giving details. The firm's retreat from Hong Kong comes amid the U.S. government's tightened scrutiny of American investments in China and an ongoing trade war that has clouded the business outlook of many export-heavy companies from China. The U.S. government restricts U.S. investments in certain sensitive technology sectors in China, such as semiconductors, artificial intelligence and quantum computing. U.S. investors are also restricted from investing in companies that are on the U.S. sanctioned entity list that comprise a growing number of those from China. U.S. onshore investors were not able to buy shares of Chinese battery giant CATL ( opens new tab in its $4.6 billion Hong Kong listing last month due to the structure of the deal, CATL's filings showed. CATL was placed on a U.S. Defense Department list in January of Chinese companies it says work with China's military. By March 2025, Artisan's China post-venture strategy posted a net loss of 10.4% since its inception in March 2021. "The largest risks for investing in China will continue to be geopolitics and domestic policy overshoots," Tiffany Hsiao, the strategy's portfolio manager, said in a client letter on the firm's website in April. Outside the U.S., Artisan also has offices in London, Dublin, Singapore, and Sydney, according to its website. The move follows the exit or downsizing of several North American asset managers and international law firms from Hong Kong over the past few years. Ontario Teachers' Pension Plan, Canada's third-largest pension fund, announced the closure of its Hong Kong office in March.
Yahoo
3 days ago
- Business
- Yahoo
US investment firm Artisan Partners to close Hong Kong office, sources say
By Kane Wu and Summer Zhen HONG KONG (Reuters) -U.S.-based investment firm Artisan Partners is shutting down its Hong Kong office by the end of June, two sources with knowledge of the situation said. The firm is disbanding the Hong Kong-based team after it decided to shut down its Greater China strategy partly due to concerns about escalating Sino-U.S. trade and geopolitical tensions that have made investments in the world's second-largest economy riskier, said one of the sources. Artisan, which is headquartered in Milwaukee, Wisconsin, and managed $164.4 billion globally as of the end of April, did not immediately respond to Reuters' requests for comment. The sources declined to be named as the information was not public. Reuters could not immediately ascertain how many people would be affected by the shutdown of the Hong Kong office. The firm's China post-venture strategy, a fund that focuses on Chinese small- and mid-cap public and private companies, had $113 million of assets under management at the end of April, according to the firm's monthly update. In the same update, Artisan said the China-focused portfolio was in the process of winding down, without giving details. The firm's retreat from Hong Kong comes amid the U.S. government's tightened scrutiny of American investments in China and an ongoing trade war that has clouded the business outlook of many export-heavy companies from China. The U.S. government restricts U.S. investments in certain sensitive technology sectors in China, such as semiconductors, artificial intelligence and quantum computing. U.S. investors are also restricted from investing in companies that are on the U.S. sanctioned entity list that comprise a growing number of those from China. U.S. onshore investors were not able to buy shares of Chinese battery giant CATL in its $4.6 billion Hong Kong listing last month due to the structure of the deal, CATL's filings showed. CATL was placed on a U.S. Defense Department list in January of Chinese companies it says work with China's military. By March 2025, Artisan's China post-venture strategy posted a net loss of 10.4% since its inception in March 2021. "The largest risks for investing in China will continue to be geopolitics and domestic policy overshoots," Tiffany Hsiao, the strategy's portfolio manager, said in a client letter on the firm's website in April. Outside the U.S., Artisan also has offices in London, Dublin, Singapore, and Sydney, according to its website. The move follows the exit or downsizing of several North American asset managers and international law firms from Hong Kong over the past few years. Ontario Teachers' Pension Plan, Canada's third-largest pension fund, announced the closure of its Hong Kong office in March.
Yahoo
11-05-2025
- Business
- Yahoo
Should Income Investors Look At Artisan Partners Asset Management Inc. (NYSE:APAM) Before Its Ex-Dividend?
Regular readers will know that we love our dividends at Simply Wall St, which is why it's exciting to see Artisan Partners Asset Management Inc. (NYSE:APAM) is about to trade ex-dividend in the next four days. Typically, the ex-dividend date is one business day before the record date, which is the date on which a company determines the shareholders eligible to receive a dividend. The ex-dividend date is of consequence because whenever a stock is bought or sold, the trade takes at least one business day to settle. Accordingly, Artisan Partners Asset Management investors that purchase the stock on or after the 16th of May will not receive the dividend, which will be paid on the 30th of May. The company's next dividend payment will be US$0.68 per share. Last year, in total, the company distributed US$3.55 to shareholders. Looking at the last 12 months of distributions, Artisan Partners Asset Management has a trailing yield of approximately 8.7% on its current stock price of US$40.82. If you buy this business for its dividend, you should have an idea of whether Artisan Partners Asset Management's dividend is reliable and sustainable. As a result, readers should always check whether Artisan Partners Asset Management has been able to grow its dividends, or if the dividend might be cut. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Dividends are typically paid out of company income, so if a company pays out more than it earned, its dividend is usually at a higher risk of being cut. Its dividend payout ratio is 84% of profit, which means the company is paying out a majority of its earnings. The relatively limited profit reinvestment could slow the rate of future earnings growth. We'd be concerned if earnings began to decline. Generally speaking, the lower a company's payout ratios, the more resilient its dividend usually is. View our latest analysis for Artisan Partners Asset Management Click here to see how much of its profit Artisan Partners Asset Management paid out over the last 12 months. Businesses with strong growth prospects usually make the best dividend payers, because it's easier to grow dividends when earnings per share are improving. If business enters a downturn and the dividend is cut, the company could see its value fall precipitously. With that in mind, we're encouraged by the steady growth at Artisan Partners Asset Management, with earnings per share up 4.9% on average over the last five years. The main way most investors will assess a company's dividend prospects is by checking the historical rate of dividend growth. Artisan Partners Asset Management has delivered 4.9% dividend growth per year on average over the past 10 years. It's encouraging to see the company lifting dividends while earnings are growing, suggesting at least some corporate interest in rewarding shareholders. From a dividend perspective, should investors buy or avoid Artisan Partners Asset Management? Artisan Partners Asset Management has been generating some growth in earnings per share while paying out more than half of its earnings to shareholders in the form of dividends. At best we would put it on a watch-list to see if business conditions improve, as it doesn't look like a clear opportunity right now. However if you're still interested in Artisan Partners Asset Management as a potential investment, you should definitely consider some of the risks involved with Artisan Partners Asset Management. To that end, you should learn about the 2 warning signs we've spotted with Artisan Partners Asset Management (including 1 which makes us a bit uncomfortable). If you're in the market for strong dividend payers, we recommend checking our selection of top dividend stocks. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
06-05-2025
- Business
- Yahoo
What Makes Baker Hughes Company (BKR) a Good Investment?
Artisan Partners, an investment management company, released its 'Artisan Mid Cap Fund' first quarter 2025 investor letter. A copy of the letter can be downloaded here. In the first quarter, the fund's Investor Class fund ARTMX returned -7.40%, Advisor Class fund APDMX posted a return of -7.37%, and Institutional Class fund APHMX returned -7.35%, compared to a -7.12% return for the Russell Midcap Growth Index. US equities achieved solid Q4 gains, concluding a strong year. After a period of strong growth stock performance in 2023 and 2024, value stocks gained the lead in Q1 2025. In a risk-averse environment, investors shifted towards lower-volatility equities, especially in the utilities and consumer staples sectors, alongside those with higher dividend yields. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Artisan Mid Cap Fund highlighted stocks such as Baker Hughes Company (NASDAQ:BKR. Baker Hughes Company (NASDAQ:BKR) offers technologies and services to the energy and industrial value chain globally. The one-month return of Baker Hughes Company (NASDAQ:BKR) was 2.91%, and its shares gained 14.13% of their value over the last 52 weeks. On May 5, 2025, Baker Hughes Company (NASDAQ:BKR) stock closed at $36.75 per share with a market capitalization of $36.41 billion. Artisan Mid Cap Fund stated the following regarding Baker Hughes Company (NASDAQ:BKR) in its Q1 2025 investor letter: "During the quarter, we initiated new GardenSM positions in Baker Hughes Company (NASDAQ:BKR), Snowflake and Viking. As a leading oil and gas equipment and services provider, Baker Hughes generates 60% of its revenue from oilfield services and equipment. However, its expanding industrial and energy technology segment, driven by secular growth in liquefied natural gas (LNG), has been further diversifying its revenue stream. We believe Baker Hughes is well positioned for profitable growth from Europe's increasing demand for US LNG and rising gas infrastructure investments to meet growing electricity demand. Additionally, the potential end of the US moratorium on LNG export permits under the new Trump administration could provide further tailwinds. The rising contribution of aftermarket service revenues should also help reduce the company's cyclicality." Baker Hughes Company (BKR): Among Louis Navellier's New Stock Picks A drilling rig on a remote oilfield, its tower silhouetted against a setting sunset. Baker Hughes Company (NASDAQ:BKR) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 58 hedge fund portfolios held Baker Hughes Company (NASDAQ:BKR) at the end of the fourth quarter, compared to 45 in the third quarter. While we acknowledge the potential of Baker Hughes Company (NASDAQ:BKR) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock.
