VRSK - TimesSquare Capital U.S. Mid Cap Growth Q2 2024 Commentary
2024-07-16 04:09:00 ET
Summary
- TimesSquare Capital U.S. Small Cap Growth portfolio outperformed the Russell 2000® Growth Index in the second quarter.
- Our preferences in the Consumer-oriented sectors lean toward value-oriented or specialty retailers, franchise models, or premium brands.
- In the Financials sector, we tend to avoid banks that face credit deterioration or rising deposit costs, preferring either asset managers or specialized insurance companies.
| Performance |
| Annualized |
| 2Q24 |
| 1YR |
| 3YR |
| 5YR |
| 7YR |
| 10YR |
| U.S. Mid Cap Growth Composite (Gross) |
| -2.94% |
| 16.76% |
| 4.07% |
| 12.69% |
| 13.82% |
| 11.98% |
| U.S. Mid Cap Growth Composite (Net) |
| -3.14% |
| 15.84% |
| 3.25% |
| 11.80% |
| 12.93% |
| 11.09% |
| Russell Midcap® Growth Index |
| -3.21% |
| 15.05% |
| -0.08% |
| 9.92% |
| 11.68% |
| 10.51% |