“We obviously cannot predict what the markets will do in the near term, but what we can do is look at fundamentals, and fundamentals still look favorable for international and emerging markets. Even though non-U.S. equities have gone up this year, valuations still look much more attractive compared to valuations in the U.S., especially now that the U.S. markets have had a rally in the second quarter.”
Hyung Kim, Portfolio Manager and Senior Research Analyst provides an update on the performance of the International Small Cap strategy and shares his market outlook. Listen to his most recent episode where Hyung recaps market activity during 2Q 2025, with a focus on:
- How non-U.S. equities have performed year-to-date relative to their U.S. counterparts
- Primary contributors and detractors to the International Small Cap strategy performance
- Perspectives on the durability of the rally in international and emerging markets equities
- A historical lens on the U.S. dollar’s current value today versus the past
For more insights, read our 2Q 2025 Commentary or subscribe to KayneCast where we provide the latest updates from the KAR Investment Team on our investment strategies.
KayneCast is available on Apple Podcasts and Spotify.
