2024-07-25 05:10:00 ET
Summary
- The Madison International Stock Fund (Class Y) underperformed the MSCI ACWI ex-US index in the second quarter.
- The MSCI ACWI ex-US index performance for the 2nd quarter of 2024 was up 0.96%.
- In international markets, a new factor has emerged recently: elections.
- Markets are incredibly dynamic, and for this reason, our investment process is designed to deal with multi-faceted information flows.
Market Overview
The MSCI ACWI ex-US index performance for the 2nd quarter of 2024 was up 0.96%. The leading geographic region this quarter was Emerging Markets, while the lagging area was Japan. Performance of Economic Sectors varied, with Information Technology leading and Consumer Discretionary lagging....
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For further details see:
Madison International Stock Fund Q2 2024 Investment Strategy Letter