Established in 1997, Artemis is a leading UK-based fund manager, offering a range of funds which invest in the UK, Europe, the US and around the world. As a dedicated, active investment house, we specialise in investment management for both retail and institutional investors.
Our sole objective as investors is to outperform the market and produce long-term returns for the people whose money we manage.
We do not have a ‘house view’ or top-down approach to investing and we believe this sets us apart. Each investment team is independent in determining its investment approach. And yet, the Artemis culture supports a strong collegiate ethos. Our teams draw on each other’s experience and knowledge, sharing ideas and insights to achieve a common goal of maintaining and enhancing our standing with clients as trusted and active stewards of their capital.
We believe in creating a strong link between the compensation of our senior staff and the impact that they have on the delivery of value to clients and the success and profitability of our business. Fund managers’ remuneration is linked to the client assets that they run as well as their cultural contribution to the team and the broader business. In addition, all our fund managers invest their own money in the funds they manage, and those of their colleagues, in order to align their interests closely with those of our clients.
Tuesday 10 November 2026, 10:00 AM GMT Webinar will be recorded | Webinar duration: 45 – 60 minutes Join us for an update on the Artemis Global Income Fund, exploring what could drive future capital flows and where equity market returns may come from next.The team will provide an update on fund positioning and performance as they […]
The US equity market is going through a transition. Although we expect artificial intelligence (AI) to continue driving the market, its impact is evolving. Meanwhile, other factors are exerting their influence, from higher bond yields to momentum-driven shifts, to signs of stronger earnings growth outside the tech sector. These themes all have the potential to […]
Key takeaways Me and the other managers of the Artemis US Select Fund are doing exactly what we did before: looking for stocks where the potential upside outweighs the potential downside by a factor of at least 2:1. Below we reveal the four groups of companies that we believe will be affected by AI in […]
While the AI boom may prove to be transformative, the high-yield market may not be the best place for it to be financed. High-yield investors do not need to participate in the AI boom. Sitting it out may prove a wise decision. Over the summer, more than one of our clients asked whether we invest […]
Regime change has been a key theme for the Artemis Global Income Fund for many years but in that time, it has gone from a roadmap for the future to reality on the ground. As deglobalisation, concerns about energy security and AI-driven capex continue to reshape economies, Jacob de Tusch-Lec’s investment roadmap is evolving. Which […]
For investors already heavily exposed to US technology giants, global smaller companies may offer a useful source of diversification alongside attractive valuations. Smaller companies can bring instant diversification to most portfolios, particularly for investors who already have a high degree of exposure to the mega-cap US technology stocks that now dominate all-cap market indices. Harry […]
Olivia Micklem discusses the topics that cropped up most frequently in conversations with clients over the summer. Have the Magnificent Seven attracted too much attention? Should investors be looking elsewhere? Although the Magnificent Seven have driven the US market in recent years, returns are broadening out and we believe significant alpha can be generated outside […]
Key takeaways Historically, September has been a difficult month for high yield. In fact, it has been the weakest month of the year on data reaching back to 1998. Interestingly, that weakness has been particularly pronounced in years like this, when the US has held midterm elections. Meanwhile, credit spreads are tight On the other […]
A steady improvement in credit quality and a decline in default rates means investors in high yield are being handsomely rewarded for taking on credit risk. A steady improvement in credit quality and a decline in default rates means investors in high yield are being handsomely rewarded for taking on credit risk. In a recent […]
The S&P 500 index has become increasingly concentrated in a small number of mega-cap technology stocks, but we think there are plenty of investment opportunities amongst the ‘S&P 493’. We are looking for companies that are getting better and richer, whose balance sheets are in good health. And we want to sell those becoming worse […]
AI may change the world. But that does not mean every type of financing being used to build it makes a good investment. Financing the AI buildout is beginning to look less like a supply chain and more like a circle. Chipmakers invest in AI companies. AI companies sign long-dated commitments with developers of AI […]
Raheel Altaf answers our clients’ three most frequently asked questions about emerging markets. Alongside researching companies and managing the portfolio, I spend a significant amount of my time speaking with Artemis’ clients. While market conditions change, many of the questions don’t. These were the topics we discussed with our clients most frequently over the summer… […]
Key takeaways Defence has been one of the best-performing sectors in recent years. The catalyst for this is obvious. When Russia invaded Ukraine, governments across Europe realised they would need to buy every bullet, tank and drone they could lay their hands on. But this catalyst was only obvious in hindsight. You could have bought […]
Jacob de Tusch-Lec explains why the Artemis Global Income Fund has little in common with most value indices – and why there’s more to being a value investor than simply buying cheap stocks. Semantics matter. Words carry associations that can’t always be neatly translated into a different cultural context. First impressions often determine whether investors […]
Key takeaways Turnover can be controversial. It is often equated with higher transaction costs and higher fees. We see it differently. We think turnover can be a potent source of alpha. We also see it as an integral part of our SmartGARP investment process. One of the eight factors our SmartGARP stock-screening tool measures is ‘revisions’, i.e. […]
As Christopher Nolan’s new telling of ‘The Odyssey’ hits movie screens across Britain, I’ve been pondering what its hero might be able to teach us about investing, at a time when markets, in my view, are overheating. When share prices are rising at what seems like a remorseless pace, it can be tempting to wade […]
Key takeaways When certain segments of the financial press (cough the FT cough) write about high-yield spreads, you might be forgiven for thinking that they are so low, so tight as to effectively guarantee losses in the future. The reality is just as sensational – but in the opposite direction. Find out more
Short-dated high-yield bonds may lag equities during the good times but history suggests they make up for that when times get tough.
The manager of the Artemis SmartGARP European Equity Fund says it is at times when other investors stop caring about valuations that they become more important than ever.
Combining short-dated high yield with cash can produce powerful results.
Most fund managers will tell you they want to buy high-quality companies. After all, who wants to invest in a poorly run business with dismal prospects and a shrinking market share?
UK equity markets are home to a remarkable number of world-leading companies that most people would completely fail to recognise. That’s because these businesses operate in specialist niche areas.
With all the coverage about Elon Musk’s SpaceX IPO and its intergalactic valuation, you may not have noticed when Samsung quietly entered the club through a side door a few weeks ago.
Artemis' Jack Holmes makes a clear case for adding short-dated high-yield bonds to a balanced portfolio.
After years of large-cap dominance, the Russell 2000 has outperformed the S&P 500 year to date: is there more to come?Join the Artemis team as they discuss why they believe broadening earnings, attractive valuations and cyclical tailwinds put US small caps in a strong position for future growth.
Every investor seems to know and accept that AI is changing the world. But what many seem to be overlooking is the speed of change in AI itself.
When something sounds too good to be true, it usually is. So if I told you most fund managers could boost long-term returns by paying more attention to a single metric, your reaction would likely be one of scepticism.
Putting all your money in a global tracker fund means betting the theme of US exceptalism that has driven markets higher over the past 15 years will continue indefinately. Artemis' Harry Eastwood explains why this may not be the case.
Portfolio manager Mark Niznik discusses what attracted them to invest in Bloomsbury Publishing.
Portfolio manager William Tamworth discusses what attracted them to invest in MoneySuperMarket.
Thursday 25 June 10amJoin Raheel Altaf, manager of the Artemis SmartGARP Global Emerging Markets Equity strategy, to learn how the asset class combines low starting valuations, improving earnings momentum and stronger corporate balance sheets to offer a much more compelling risk reward profile than many investors assume.
Register to hear from Philip Wolstencroft and Harry Eastwood as they discuss why there is more to come from the European recovery, what differentiates the SmartGARP approach, where it is finding opportunities today and why we are much more than a value fund.
As Kevin Warsh takes the helm of the US Federal Reserve, he inherits a divided Federal Open Market Committee (FOMC), a president liable to publicly criticize and the spectre of rising inflation. He has also suggested that things need to change at the Fed. These challenges make it hard to predict what course he will plot.
As Kevin Warsh takes the helm of the US Federal Reserve, he inherits a divided Federal Open Market Committee (FOMC), a president liable to publicly criticize and the spectre of rising inflation. He has also suggested that things need to change at the Fed. These challenges make it hard to predict what course he will plot.
Thursday 28 May 10am Register to hear from fund manager and head of fixed income Stephen Snowden on his latest macro views and the impact for the asset class including credit spreads, gilts and why the team disagree with the rate hikes the market is pricing in.
Tuesday 19 May 10am Join Artemis bond managers Jack Holmes and David Ennett as they discuss how short-dated high yield bonds are delivering attractive risk-adjusted returns – particularly valuable when markets face uncertainty – and why technicals point to spreads holding or tightening further.
Smarter than ever? As SmartGARP reaches its 25-year milestone, founder and fund manager Philip Wolstencroft discusses why he creating the stock picking process, why it will outlast him, and the importance of focussing on the data.
If you want to protect your portfolio from war, energy shocks, disruption by AI and concentration risk in market indices, you're not alone. This list of worries is long enough to give even the most committed bull cause to reflect.
As markets digested the impact of the first waves of conflict in Iran, the focus quickly moved onto energy and commodity prices and what they would mean for the global economy.
In life as in investing, it often feels safer to keep doing what worked in the past. Yet for global equity funds, the status quo is anything but safe, in our view.
