July 25, 2024By

Divergence of Returns

International Small Cap 2Q2024 Update | KayneCast 262

“There is always going to be divergence in market performance based on short-term news flow. Our belief is that these moves based on investor sentiment and psychology ultimately lead to more volatility that what would be justified by reasonable changes in expectations for long-term fundamentals or more specifically earnings.”

Each quarter, Craig Thrasher, CFA 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 Craig recaps market activity during 2Q 2024, with a focus on:

  • The effects of the weakening of the yen
  • Primary contributors and detractors to the International Small Cap strategy performance
  • Thoughts on China
  • The advantages of small caps versus large caps

For more insights, read our 2Q 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.

KARCast is the official podcast series of KAR. This material is provided as a matter of general information and is not intended to be relied upon as a forecast or research. The opinions expressed herein are those of the speakers and are not necessarily the opinions of KAR or its affiliates, are current as of the date and time of the recording, and are subject to change at any time due to changes in market or economic conditions. The information and opinions contained in this material are derived from proprietary and non-proprietary sources deemed by KAR to be reliable and are not necessarily all inclusive. KAR does not guarantee the accuracy or completeness of this information. Any securities included in this podcast are based on objective, non-performance based criteria and such mentions should not be considered a recommendation to purchase or sell the securities mentioned. This podcast should not be construed as an offer or solicitation to purchase or sell any security. KAR’s strategies may not be suitable or appropriate for all investors depending on their specific investment objectives and financial situation. Potential investors should always consult with their own financial professional before determining whether to invest in a particular investment or investment strategy. Reliance upon information in this material is at the sole discretion of the listener. To the extent any performance is discussed, past performance is not indicative of future results.