“We get involved in businesses that have a clear competitive moat in industries where the environment is more clearly defined.  AI will play a large role in our economy in the future – that is true – but we are waiting for more secular trends to develop.”

Each quarter, Jon Christensen, Portfolio Manager and Senior Research Analyst provides an update on the performance of the Small Cap Core strategy and shares his market outlook. Listen to his most recent episode where Jon recaps market activity during 2Q 2024, with a particular focus on:

• The hesitation to invest in the small cap space due to pending interest rates cuts
• Primary contributors and detractors to the Small Cap Core strategy performance
• The importance of focusing on fundamental business strengths as market recognition can vary in timing

For more insights, read our Q2 2023 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.