Home>Commentary on The Oakmark International and International Small Cap Funds
Commentary on The Oakmark International and International Small Cap Funds
Perspectives Content Submission
Tue, 9 Oct 2012
Fellow Shareholders, The Oakmark International and International Small Cap Funds recorded one-year returns of 17% and 13%, respectively, despite the fact that over the last year, the world experienced a heavy dose of economic and market uncertainty. This period marked a deepening macroeconomic and …
Oakmark's Bill Nygren discusses the broad talent pool from which to choose new comanagers for several funds, and he also touches on portfolio capacities and constraints.
Oakmark manager Clyde McGregor says with interest rates remaining low for much longer than he had anticipated, the reasons for previously closing one of his funds no longer made sense.