Mark Yockey, lead manager of Artisan International ARTIX and Artisan Global Equity ARTHX, managed to sell out of both funds' sizable stakes in German payment processor Wirecard AG WCAGY prior to the June collapse in the company's stock price. Yockey's timely exit illustrates his emphasis on business health and supports each strategy's Morningstar Analyst Rating of Bronze.
Will APDIX outperform in future?
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The Process Pillar is our assessment of how sensible, clearly defined, and repeatable APDIX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the APDIX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of APDIX’s parent organization’s priorities and whether they’re in line with investors’ interests.