Insights
“There is the conventional wisdom that as the Fed cuts interest rates that it directly benefits small cap names due to the fact that many have higher debt levels on their balance sheet and therefore should see the tailwinds associated with it. However, remember that all these issues are reflective of accounting practices and don’t have as much to do with the fundamentals of a business – both operationally and competitively.”
Each quarter, Jon Christensen, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Mid Cap Core strategy and shares his market outlook. Listen to his most recent episode where Jon recaps market activity during 3Q 2024, with a focus on:
- The recent bifurcation in the markets from large cap names
- Primary contributors and detractors to the Mid Cap Core strategy performance
- Evaluating businesses that can execute competitive strengths in both good and challenging times
For more insights, read our 3Q 2024 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.
This information is being provided by Kayne Anderson Rudnick Investment Management, LLC (“KAR”) for illustrative purposes only. Information contained in this material is not intended by KAR to be interpreted as investment advice, a recommendation or solicitation to purchase securities, or a recommendation of a particular course of action and has not been updated since the date of the material, and KAR does not undertake to update the information presented should it change. This information is based on KAR’s opinions at the time of the recording of this material and are subject to change based on market activity. There is no guarantee that any forecasts made will come to pass. KAR makes no warranty as to the accuracy or reliability of the information contained herein. Past performance is no guarantee of future results.
