Artisan Partners Asset Management (APAM) has long earned Morningstar's admiration. The firm hires promising managers, provides a platform that allows them to operate with autonomy, and closes successful funds to preserve the qualities that led to outperformance. As a result, Artisan has earned a Positive Parent rating, one of the pillars that support Morningstar Medalist designations for a number of Artisan funds. Of the 15 open-end strategies Artisan offers, 12 are on Morningstar's coverage list, and all of those have earned Morningstar Analyst Ratings of Bronze, Silver, or Gold.
So, when Artisan launches a new strategy, investors take notice. One of its newest offerings is Artisan Thematic (APDTX), which launched in April 2017 with less than $10 million in assets and quickly grew to more than $300 million as of March 2019.
Brian Moriarty has a position in the following securities mentioned above: ARTTX. Find out about Morningstar's editorial policies.