NVDA - Artisan Developing World Fund Q1 2024 Commentary
2024-04-25 03:00:00 ET
Summary
- Artisan Partners is an independent investment management firm focused on providing high value-added, active investment strategies to sophisticated clients globally.
- The Artisan Developing World Fund returned 11.09% for the quarter ended March 31, 2024, versus 2.37% for the MSCI Emerging Markets Index.
- Top contributors to performance for the quarter included graphics semiconductor company Nvidia, Indian online travel company MakeMyTrip, Southeast Asian e-commerce and gaming platform Sea, Latin American online bank Nu Holdings, and global payments leader Adyen.
- Bottom contributors to performance for the quarter included 3D design company Unity, social media platform Snap, Chinese health care services company Wuxi Biologics, Chinese online pharmacy leader JD Health, and Indian banking and financial services company HDFC Bank.