Harding Loevner International Small Companies Equity Q2 2024 Performance Insights
Q2 2024 Performance Analysis
In the second quarter of 2024, the Harding Loevner International Small Companies Equity portfolio witnessed a decline of 3.4% gross of fees. This downturn reflects broader market challenges and specific factors affecting small-cap international equities.
Market Conditions
- Global equities faced volatility due to economic shifts.
- Currency fluctuations impacted returns on international investments.
- Sector performance varied, with technology and consumer goods showing differing resilience.
Portfolio Adjustments
In response to these challenges, portfolio managers made strategic adjustments, focusing on diversifying holdings and rebalancing positions in sectors expected to outperform in subsequent quarters.
Future Outlook
The outlook remains cautiously optimistic, with an emphasis on evaluating emerging opportunities and mitigating potential risks in international markets.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.