Wisconsin-based asset manager Artisan Partners has promoted two analysts to be portfolio managers on its global value team.
The team runs the $11.7 billion Artisan International Value and $2.2 billion Global Value funds. Both funds are run by O’Keefe and Samra (pictured below), with support from associate managers Ian McGonigle and Justin Bandy.
Analysts Michael McKinnon and Joseph Vari have now been named associate portfolio managers too. McKinnon joined the team as an analyst in February 2010 from Legg Mason while Vari joined in August 2012 from Hunter Global Investors.
Daniel O'Keefe was previously featured as the Star Manager in the July/August edition of Citywire Selector magazine. He spoke about volatility within value investing and his tactics for long-term returns.
Over three years the Artisan International Value fund has returned 3.1%, well ahead of the average fund in its peer group which is down 5.4% and its Citywire-assigned benchmark, the MSCI EAFE TR USD, which was down 3.4%, according to data from Lipper.
The Artisan Global Value fund was up 11.6% over the same period, versus the average fund in its peer group which was up 7.7% and narrowly ahead of its Citywire-assigned benchmark the MSCI AC World TR USD which was up 11.5%.