Greg Carlson: Artisan Global Value is an excellent fund that reopened to new investors late last year. It's a fairly small fund, but the managers run more than $13 billion total in this strategy and they are sensitive to their capacity needs. So, they have kept it closed for several years prior to the reopening last year.
The fund underperformed last year on a relative basis, part of the reason for recent outflows that caused the reopening. However, it has an excellent long-term record. The managers David Samra and Dan O'Keefe also run Artisan International Value, a Gold-rated fund that remains closed.
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Greg Carlson does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.