IAS - TimesSquare Capital U.S. Small/Mid Cap Growth Q1 2024 Commentary
2024-06-21 08:00:00 ET
Summary
- TimesSquare Capital Management, LLC is a fundamental research-oriented growth equity investment management firm specializing in growth equity strategies for institutional investors. TimesSquare uses a well-established team approach to growth investing that has been in place since the mid-1980s.
- Global economic activity measures for manufacturing and services each climbed into expansion territory for the first time in over a year.
- While growth equity indexes outshone value, Growth and Profitability had negative returns among global risk factors.
- Specific to U.S. small to mid cap stocks in the first quarter, performance was barbelled.
| Performance |
| Annualized |
| 1Q24 |
| 1YR |
| 3YR |
| 5YR |
| 7YR |
| 10YR |
| U.S. SMID Cap Growth Composite (Gross) |
| 6.12% |
| 17.48% |
| -0.04% |
| 9.39% |
| 10.30% |
| 8.58% |
| U.S. SMID Cap Growth Composite (Net) |
| 5.90% |
| 16.37% |
| -1.02% |
| 8.33% |
| 9.22% |
| 7.51% |
| Russell 2500™ Growth Index |
| 8.51% |
| 21.12% |
| -0.81% |
| 9.38% |
| 10.56% |
| 9.55% |