Artisan Focus Fund on GE Aerospace
Thesis
GE Aerospace is another holding benefiting from the fund's aerospace theme. Artisan sees a structurally constrained production ecosystem in which rebuilding capacity is difficult and takes time, while aerospace demand remains favorable. The resulting supply-demand setup can support sustained improvement in earnings power and returns on capital for leading suppliers.
“Rolls-Royce and GE Aerospace continued to benefit from favorable aerospace fundamentals”