Artisan Global Value Team Will Split
We're maintaining our Gold ratings for Artisan International Value and Artisan Global Value as the funds move to having distinct management teams.
The team that had managed both
Meanwhile, associate managers Ian McGonigle and Joseph Vari will join Samra as comanagers on Artisan International Value, while associate managers Justin Bandy and Michael McKinnon will join O'Keefe as comanagers on Artisan Global Value.
These changes likely reflect a desire to promote and create opportunities for members of the global value team, while also allowing O'Keefe and Samra to run their own shows. Also, each fund will now have its own dedicated resources, with Samra's team based in San Francisco and O'Keefe's team based in Chicago. The two lead managers also believe that this change will allow for greater flexibility within each portfolio, as it will be easier to build and exit positions independently.
With both funds' teams remaining intact, they retain their Morningstar Analyst Ratings of Gold.